LIVE: US Supreme Court considers Trump’s bid to fire Fed governor Lisa Cook

0 January 21, 2026 09:28

LIVE: The U.S. Supreme Court convenes today, January 21, 2026, for one of the most consequential oral arguments in the history of American finance: Trump v. Cook.

At the center of the case is President Donald Trump’s unprecedented attempt to fire Federal Reserve Governor Lisa Cook. While the administration cites allegations of "mortgage fraud" related to properties in Georgia and Michigan, the case has become a landmark test of Federal Reserve independence and the "unitary executive theory." In a major show of solidarity, Fed Chair Jerome Powell is expected to attend the arguments in person.

read more: https://www.the-sun.com/news/15046541/lisa-cook-removed-federal-office-donald-trump/

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