Another one of President Donald Trump’s high-profile firings is headed to the Supreme Court on Jan. 21, when the justices are expected to review how much Congress can protect members of the Federal Reserve from removal.
Trump fired Federal Reserve Board of Governors member Lisa Cook in August 2025 over allegations of mortgage fraud. In a letter to Cook, Trump cited a provision of the Federal Reserve Act of 1913 that allows him to fire members “for cause.”
After a lower court reinstated Cook, Trump asked the Supreme Court to intervene. In the upcoming oral arguments, the justices are expected to probe multiple legal issues, including whether the mortgage allegations were the type of cause that allows firings under the Federal Reserve Act….
Supreme Court to Review Trump’s Firing of Fed Governor
