Story perspectives

Supreme Court to Decide Trump's Challenge Against Fed Governor Cook

1/21/2026

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Summary

Trump Challenges Fed

The U.S. Supreme Court will hear U.S. President Donald Trump's bid to remove Federal Reserve Governor Lisa Cook, testing Fed independence.
Trump argues Cook's alleged mortgage fraud justifies her removal, while Cook denies wrongdoing.
Lower courts have ruled in Cook's favor, affirming her due process rights.
A decision is expected by June 2025, with implications for the Fed's governance and monetary policy.

Summary

Beatty Battles Trump

The decision to rename the John F. Kennedy Center for the Performing Arts after U.S. President Donald Trump sparked legal and legislative challenges.
Rep. Joyce Beatty filed a federal lawsuit in December 2025 claiming the board's vote violated federal law and that congressional approval was required.
Two bills were introduced in Congress to remove Trump's name, with critics saying the change undermines the center's historical integrity.
Ongoing legal battles will determine the center's name.

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Trump Challenges Fed

The U.S. Supreme Court will hear U.S. President Donald Trump's bid to remove Federal Reserve Governor Lisa Cook, testing Fed independence.
Trump argues Cook's alleged mortgage fraud justifies her removal, while Cook denies wrongdoing.
Lower courts have ruled in Cook's favor, affirming her due process rights.
A decision is expected by June 2025, with implications for the Fed's governance and monetary policy.

1 / 2