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.

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…

The Supreme Court has dealt a major blow to Trump’s revenge quests, as well as his attempt to control the Federal Reserve.

The Fed got a rare shield from the court.