At a glance
The Supreme Court ruled Trump's removal of Fed Governor Lisa Cook was unconstitutional. It's one of the few remaining checks on presidential firing power after recent Court decisions.
The Supreme Court ruled that Trump's removal of Federal Reserve Governor Lisa Cook was unconstitutional, finding her firing violated the Fed's independence protections. This is a rare win for the separation of powers after weeks of the same Court expanding presidential firing power across other agencies.
The Fed is different from most agencies because its independence from presidential pressure is baked into its statutory design—Congress explicitly limited the president's ability to remove Fed governors to protect monetary policy from political interference. The Court upheld that protection here even as it dismantled similar protections elsewhere. Cook stays in her position, and Trump can't force her out on his own. It's one of the narrowing set of guardrails still standing against unchecked executive power.
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