Supreme Court keeps Fed’s Lisa Cook in role for now, agrees to review case

. Supreme Court On Wednesday, the president agreed to examine Donald TrumpThe court said that he would allow the federal reserve governor Lisa Cook to be on the board until oral discussions are heard in January-It is expected to have a long-awaited update in a high-profile case and one of them will have important political and economic inferences for the Central Bank.

The update comes about two weeks after Trump officials appeal to the Supreme Court for an emergency examination.

Considering the unprecedented nature of the case and the seismic change on the US economic decisions, oral arguments are expected to be closely monitored.

While the case appealed to the Supreme Court, the lawyers for the Trump administration argued that the Fed’s “unique important role in the US economy increased only the interest of the government and the people in the case of the case.

Cook’s potential output hands are shaking greater on the FED Board of Directors shaping US monetary policy.

“Simply put the President of the American people, the interest rates paid by the American people should not be determined by a governor who seems to have lied to the interest rates that he has guaranteed for him,” John Sauer, who appealed on Thursday, should not be determined by a governor who seems to lie for himself. ” He said.

It is important to review Cook’s case. Trump’s attempt to shoot into fire pointed out that the Bank’s 111 -year history was trying to remove a governor from the Fed, a very independent organ protected by laws against political pressures against political pressures.

The court’s decision to seize the case, US regional judge Jia Cobb in the beginning of this month Trump’ın Fed’ın Cook from preventing the firing of Cook weeks after the case, the case continued to play in court.

Trump decided that he could not meet the strict requirements required to remove the residence governor for “case” and could not be removed for behaviors before Cook’s appointment to the Fed.

The US DC Court Voted 2-1 in September to reject Trump’s request for intervention, and asked the administration to throw the case to the Supreme Court for an emergency examination.

The Supreme Court update sounds like Trump has put pressure on the federal reserve to reduce interest rates to help increase the economic growth of the country for months.

Lawyers for Cook, doj trade of high -betting conflicts against fed ignition

The US Federal Reserve President Jerome Powell speaks with Federal Reserve Board Member Lisa Cook at the Federal Reserve Board building at Washington DC on 25 June 2025. (Saul Loeb/AFP/Gettyimages)

However, the attempt to ignite the Cook for the claim of mortgage fraud violations he denied created a kind of court conflict that could have deep effects on the FED.

Cook’s lawyers argued that the attempt to ignite him before the end of Trump’s 14 -year period was an attempt to establish a chosen candidate and to secure the majority on the FED board of directors.

Cook filed a lawsuit against Trump at the end of August because of Fra, a law designed to protect him from the political whims of the Fra – or Congress commander, or a hearing that was legal in accordance with the Federal Reserve Law, which violated the necessary process rights within the scope of the fifth amendment.

The Supreme Court with Trump in similar cases in the past.

Click here to get the Fox News app

The Supreme Court allowed Trump’s two independent board members to continue their temporary ignitions – the National Labor Relations Board Member Gwynne Wilcox and Merit Systems Protection Board Member Cathy Harris – Suddenly terminated By Trump administration.

However, even this decision tried to distinguish these committees from the Fed, where they emphasized that it was a unique structured, semi -private being following the different historical tradition of the first and second banks of the USA.