US EditionSupreme Court seems inclined to keep Lisa Cook on Fed board despite Trump attempt to fire her
Six of nine Supreme Court justices expressed doubt about Trump's firing of Fed Governor Lisa Cook, emphasizing the importance of the Federal Reserve's independence, court watchers said.
- The U.S. Supreme Court is reviewing President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook, testing the independence of the central bank.
- Lisa Cook stated the allegations against her are a pretext for firing her over monetary policy differences.
- Six justices support keeping Cook in her position against the Trump administration's efforts.
- Justice Sonia Sotomayor described the circumstances of Cook's attempted firing as 'irregular', indicating a lack of opportunity to be heard.
248 Articles
248 Articles
SCOTUS dispatch: Justices consider Trump’s power to fire fed governor
Victor Qiu is a JURIST Washington, D.C. correspondent and an attorney. The views expressed in this article are his own and in his personal capacity. On the morning of Wednesday, January 21, I attended the oral argument for Donald J. Trump, et al. v. Lisa D. Cook at the U.S. Supreme Court. When I arrived outside the Court, there was a single demonstrator standing in front of the building steps. However, this high-profile case attracted significan…
In The Fed Case, Justices Confront The Problem Of The Lying President
The consensus after Wednesday’s much-anticipated argument in Trump v. Cook was that the Supreme Court of the United States was likely to rebuff the president’s attempt to fire Federal Reserve governor Lisa Cook.But while the bottom line was relatively clear, the rest of the story was murkier. The ju...
Will the Supreme Court Save the Fed from Trump?
“You’re fired” was one of Donald Trump’s favorite things to say long before he became president. In the White House, he’s said it to more top appointees than any past commander-in-chief.But President Trump crossed a line when, last August, he tried to fire Lisa Cook, a member of the Federal Reserve Board of Governors. Cook is one of three Democratic appointees on the seven-member board. Replacing her could make the board more willing to adopt th…
Supreme Court Appears Inclined To Let Lisa Cook Keep Her Job
Source: KEN CEDENO / Getty Another day, another misguided legal effort by the Trump administration that appears to be failing. President Donald Trump turned many heads when he attempted to fire Federal Reserve Governor Lisa Cook over unsubstantiated claims of mortgage fraud last fall. After several lower courts ruled in Cook’s favor, Trump turned to the Supreme Court in the hope that it would allow the firing to proceed. Despite having a conserv…
The Supreme Court Shows It’s Willing to Thwart Trump—When Money Is on the Line
The Supreme Court Shows It’s Willing to Thwart Trump—When Money Is on the Line The court’s conservatives appear likely to block trump from firing Lisa Cook—not because they care about principle but because they care about the Fed. The post The Supreme Court Shows It’s Willing to Thwart Trump—When Money Is on the Line appeared first on The Nation.
SCOTUS Skeptical that Truth Social Is Real Life
Yesterday Solicitor General John Sauer tried to convince five Supreme Court justices to let President Trump burn down the Federal Reserve. It did not go well. Nota bene: Conservative justices can do real law when they actually have skin in the game. The oral argument was fascinating, not least because it proved once again that the entire executive branch is brain-poisoned by social media and can’t distinguish between online and real life. There …
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