Supreme Court sceptical of Trump firing of central bank governor Lisa Cook

BBC News - WorldEN 4 min read 100% complete January 21, 2026 at 07:04 PM
Supreme Court sceptical of Trump firing of central bank governor Lisa Cook

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The Supreme Court heard arguments regarding Donald Trump's attempt to remove Federal Reserve governor Lisa Cook, whom he accused of mortgage fraud. Cook denies the allegations, arguing she was not given due process to refute the claims. The case centers on whether Trump had sufficient "cause" to fire Cook, as required by law to protect the Fed's independence. Justices across the political spectrum expressed skepticism about the administration's arguments, raising concerns about the implications for the central bank's autonomy and the broader economy. Lower courts had previously blocked Trump's move, and the Supreme Court is now considering whether to allow the removal. The White House maintains Cook's alleged mortgage discrepancies constitute sufficient cause for dismissal.

Keywords

lisa cook 90% supreme court 90% federal reserve 80% donald trump 80% central bank independence 70% firing 70% mortgage fraud 60% for cause 50% due process 50% political pressure 40%

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