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Watch live: Supreme Court takes on Trump’s ability to fire Lisa Cook from Federal Reserve

visibility comment0 event January 21, 2026 timer 11:27

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The Supreme Court on Jan. 21 takes up President Donald Trump’s ability to control the Federal Reserve, a case with potentially major consequences for the nation’s economy.

Trump wants to remove Lisa Cook, a Biden appointee and the first Black woman to serve on the Fed’s seven-member board.

The court is debating how much leeway Trump has to decide for himself whether there’s sufficient reason to remove her and whether Cook must be given a chance to defend herself.

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