The US Supreme Court refuses to allow the removal of a Federal Reserve Governor, holding that removal “for cause” is judicially reviewable, requires a substantial cause and must be preceded by notice and an opportunity to respond (Trump / Cook)
In Trump v. Cook, No. 25A312, decided on 29 June 2026, the Supreme Court of the United States denied, by a vote of five to four, the President's application to stay a preliminary injunction preventing the removal of Lisa Cook, a member of the Board of Governors of the Federal Reserve System and the first Governor a President had purported to dismiss in the c
