In a separate ruling, the justices allowed Lisa Cook to remain at the Fed. Follow for live updates.

Trump first tried to fire Cook last year, alleging issues with her personal mortgage, which she denies.

The Supreme Court says Federal Reserve governor Lisa Cook can remain in her job for now, a rebuke to President Donald Trump’s bid to wrest control of the nation’s central bank.

In a separate ruling, the justices allowed Lisa Cook to remain at the Fed. Follow for live updates.

The decision was a loss for Trump at the Supreme Court, which previously rejected the sweeping tariffs that were at the center of his economic policy.

The Court denied the administration's application for a stay...

The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire…

The Fed got a rare shield from the court.

The US Supreme Court blocked Trump from firing Fed Governor Lisa Cook, reinforcing Federal Reserve independence with major implications for crypto markets.

The Supreme Court issued its ruling in the latest instance of President Donald Trump's war on the Federal Reserve.

The U.S. Supreme Court ruled narrowly on Monday to block President Donald Trump from being able to immediately fire Federal Reserve (Fed) Governor Lisa...

The conservative majority of the Supreme Court expanded the president’s authority by removing a 91-year-old precedent intended to prevent politics from interfering with…

Trump was trying to become the first president to remove a Fed official as part of his bid to increase his powers over the nation’s institutions.

The Supreme Court ruled against the Trump administration in a case former Fed Chair Jerome Powell called \

Justices fail to over-rule the president from firing a regulator in a separate decision

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestylePresident Donald Trump speaks at the Faith &…

The justices allowed Cook to keep her job while green-lighting the president’s firing of another Democratic appointee to an independent body, FTC Commissioner Rebecca Slaughter.

By Greg Robb and Robert Schroeder

The Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remove Governor Lisa Cook. The ruling…

The Supreme Court ruled against President Donald Trump’s effort to remove Federal Reserve Board member Lisa Cook on Monday, even as the justices expanded presidential power to…

Supreme Court strengthens Trump’s authority to fire independent agency members, protecting Fed's Governor Cook’s position.