Supreme Court seems inclined to keep Lisa Cook on Fed board
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The Supreme Court seems inclined to keep Federal Reserve governor Lisa Cook in her job. The justices are casting doubt on President Donald Trump’s bid to wrest control of the nation’s central bank.
The U.S. Supreme Court on Wednesday heard oral arguments in Trump v. Cook — a case some say crystallizes President Donald Trump’s ongoing tension with Black women leaders. Fueling the case is Trump’s effort to break with more than a century of law and fire Lisa Cook,
In accusing Lisa Cook of mortgage fraud, President Trump and his allies seized on documents appearing to show that when she applied for loans on multiple properties in 2021, Cook described each as a "primary residence.