The Supreme Court has allowed former President Trump to attempt to remove Federal Reserve Governor Lisa Cook, despite previously blocking a direct firing. The Court ruled in late June that while Trump cannot directly fire Cook, he may pursue other avenues for her removal. Cook responded to renewed threats from the Trump administration by asserting there is no legal basis for her removal from the central bank’s governing board. Cook’s lawyer also fired back at Trump’s renewed threat. Left-leaning outlets emphasize Cook’s response and the lack of legal justification for the effort, while right-leaning coverage focuses on the Trump administration’s continued pursuit of her removal. Not in dispute is the Supreme Court’s ruling that allows for a renewed attempt to remove Cook, though the specific path remains undefined.
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