Trump renews call to force Lisa Cook from Federal Reserve board after Supreme Court decision

Administration Trump renews call to force Lisa Cook from Federal Reserve board after Supreme Court decision Comments: by Max Rego - 06/29/26 3:52 PM ET Comments: Link copied by Max Rego - 06/29/26 3:52 PM ET Comments: Link copied

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President Trump doubled down on his push to remove Lisa Cook from the Federal Reserve board after a divided Supreme Court blocked him from doing so immediately Monday.

In a post on Truth Social, Trump noted the Supreme Court “sent back” the case to a lower court “on a strictly procedural basis.”

The president also said his administration “will take appropriate action immediately to make sure that someone who has committed wrongdoing will not be making vital decisions” concerning the U.S., referring to Cook.

Earlier Monday, the Supreme Court ruled Cook can remain on the central bank’s board of governors while her legal challenge to Trump’s attempt to fire her plays out.

Trump sought to remove Cook for cause last August after Federal Housing Finance Agency Director Bill Pulte issued a referral stating she illegally designated properties in Michigan and Georgia as primary residences for financial purposes.

The move by Trump marked the first time a president has tried to fire a Fed board member in the institution’s 112-year history.

Cook has not been criminally charged and has denied wrongdoing. An appointee of former President Biden, she has claimed the president’s attempt to fire her stemmed from his displeasure with the Fed not lowering interest rates sooner last year.

Chief Justice John Roberts and Justice Brett Kavanaugh joined the high court’s three liberals in preventing Trump from immediately dismissing Cook. Justices Clarence Thomas, Samuel Alito, Neil Gorsuch and Amy Coney Barrett dissented.

Roberts wrote in his majority opinion that whether the president can remove Cook “will depend in part on the underlying facts” of the case.

“In this opinion, we have not addressed the facts, as they have yet to be found or analyzed under the relevant legal standards,” the chief justice added. “Rather, we have simply addressed the parties’ arguments about the appropriate legal standards under which the facts must be evaluated.”

In his dissenting opinion, Thomas wrote that if the Supreme Court prefers an “independent” Fed board, its issue is “not with the President” but instead with the U.S. Constitution.

“Regardless of whether unaccountable executive officers like Cook would better govern the economy, the Framers rejected such a ‘promised land of technocratic governance.’ They instead chose government by the people,” Thomas continued.

“As a court, our duty is not to second-guess that decision, but to uphold it,” he added, referring to Trump’s attempt to fire Cook.