The latest ruling follows a legal battle that began in 2025 after Trump sought to dismiss Cook, becoming the first US president since the Federal Reserve's establishment in 1913 to attempt to remove a sitting Fed governor.
The United States Supreme Court has rejected President Donald Trump's attempt to remove Federal Reserve Governor Lisa Cook from office, dealing a setback to the administration's efforts to assert greater presidential control over the US central bank.
However, the court ruled that the president may proceed with removing members of other independent federal agencies, including the Federal Trade Commission, in a decision expected to have far-reaching implications for the balance of power between the White House and independent regulatory bodies.
The latest ruling follows a legal battle that began in 2025 after Trump sought to dismiss Cook, becoming the first US president since the Federal Reserve's establishment in 1913 to attempt to remove a sitting Fed governor.
In September 2025, SaharaReporters reported that the United States Court of Appeals for the District of Columbia Circuit blocked Trump's attempt to fire Cook.
