The Supreme Court keeps Lisa Cook of Fed in the role for the moment, agrees to review the case

THE Supreme Court Wednesday agreed to review the president Donald TrumpThe efforts to dismiss the governor of the Federal Reserve Lisa Cook, and will allow him to stay in his place on the board of directors until the court could examine the case in January, said the court – offering a short -term setback to Trump in his push to remove Cook from the country’s central bank.

The Supreme Court’s decision to let Cook remain on the Fed board of directors while examining the case is important. In recent months, the judges have exceeded an overwhelming majority with Trump on emergency residence requests while the underlying cases have advanced.

He also underlines the depths of economic and political issues at the heart of the case of Cook: Trump is the first president of almost 112 years of history of the Federal Reserve to try to dismiss an in -practice governor.

The question is whether Trump has satisfied the requirement of “for good reason” in the Federal Reserve Act, which establishes the legal threshold to remove a Fed official.

The oral arguments should be closely monitored, given the unprecedented nature of the dispute and the potential seismic impact on American economic policy.

By appealing to the case before the Supreme Court, lawyers for the Trump administration argued that the “unique role” of the Fed in the American economy only increases the interest of the government and the public to examine the case.

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An image side by side of President Donald Trump and the Governor of the Federal Reserve Lisa Cook. (Images Andrew Harnik / Al Drago / Getty / Getty Images)

“In simple terms, the president can reasonably determine that the interest rates paid by the American people should not be fixed by a governor who seems to have lied to the facts of the interest rates that she assured for herself – and refuses to explain the false apparent declarations,” said General D. John Sauer on Thursday.

The attempted Trump of Fire Cook has marked the first time in the history of the bank that a president has already attempted to withdraw a governor in office of the FED – an organization stidily independent whose members are protected by law against political pressures.

The court’s decision to resume the case comes from weeks after the American district judge Jia Cobb published a preliminary injunction last month, preventing Trump from dismissing Cook from the Fed while the case continued to play in court.

She judged that Trump had not satisfied the strict requirements necessary to suppress an in -office governor “due” under the Federal Reserve Act – a law is specifically designed to protect members from the president’s political whims or the members of the congress – and that Cook could not be removed for driving which occurred before his appointment to the Fed.

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The president of the American federal reserve Jerome Powell is expressed with Lisa Cook, member of the Council of Governors of the Federal Reserve, at the Federal Reserve Board Building in Washington, DC, on June 25, 2025. (Saul Loeb / AFP / Gettyimages)

The American Court of Appeal for the DC circuit voted 2-1 in September to refuse Trump’s intervention request, which prompted the administration to launch the case before the Supreme Court for emergency exam.

The update of the Supreme Court comes as Trump has for months that the federal reserve has reduced interest rates, in order to help stimulate the economic growth of the country.

But her attempted the late Cook for alleged violations of mortgage fraud, which she denied, has set up a first judicial confrontation which could have deep impacts on the Fed.

They were also the center of a stormy fight and several months. Cook’s lawyers have argued that Trump’s attempt to dismiss her a few years from his 14 -year term is only an attempt to install a candidate of his choice for the Fed and to obtain a majority on his board of directors.

Trump, they said, did not satisfy the disposition “for the cause” required by the Federal Reserve Act (FRA) for a president to remove a member of the central bank of the country.

Cook continued Trump at the end of August at the end of August for his attempt to dismiss her, arguing that his dismissal had violated his regular procedural rights under the fifth amendment, as well as his statutory right to notice and a hearing under the FRA.

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The Supreme Court has taken the side of Trump in similar cases in the past.

The Supreme Court in May allowed Trump to carry out the provisional layoffs of two independent members of the Council suddenly by the Trump administration.

But even this decision sought to differentiate these Fed advice, which they underlined was an “quasi-private entity in a unique way which follows in the distinct historical tradition of the first and second banks of the United States”.

In December, the judges will hear the oral arguments in a related case on Trump’s efforts to withdraw Rebecca Slaughter, member of the Federal Commerce Committee.

The court approach in the slaughter case can indicate how it will manage Trump’s attempt to cook the following month.

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The next meeting of the Fed board of directors is set for October 28 to 29, and Cook will again be authorized to participate.

Officials of the White House reported optimism on the case on Wednesday, reiterating their statements to journalists that Cook’s dismissal by Trump was both “legal” and “for good reason”.

“We are looking forward to the ultimate victory after presenting our oral arguments before the Supreme Court in January,” said White House spokesman Kush Desai in a statement.