By Greg Robb and Robert Schroeder
Cook can remain at the Federal Reserve as litigation continues, say a majority of justices, whose decision is crafted 'fairly narrowly'
The Supreme Court has refused to allow President Donald Trump to fire Federal Reserve governor Lisa Cook, in a move that strengthens the independence of the central bank.
The Supreme Court on Monday allowed Federal Reserve governor Lisa Cook to remain in her post while she challenges President Donald Trump's move to fire her.
Last August, Trump said that he'd fired Cook, arguing that she had engaged in mortgage fraud on two loan documents signed before she joined the Fed in 2022.
