Supreme Court leans toward narrow ruling in Trump’s bid to oust Fed governor Lisa Cook
TL;DR
The Supreme Court signaled a likely narrow ruling on President Trump’s bid to remove Federal Reserve Governor Lisa Cook, potentially sending the case back to the lower courts for more fact-finding and avoiding a sweeping ruling on presidential removal powers or the definition of “for cause.” The court’s decision could come by June and may leave Judge Cobb’s injunction in place, with the broader questions postponed for another day.
- Supreme Court may leave big questions unresolved on Trump bid to fire Fed's Lisa Cook Reuters
- In the case of the Federal Reserve, Supreme Court appears to carve out a murky exception AP News
- ‘The Justices Might Actually Have to Say No, Even to the President’ The New York Times
- The full Fed battle SCOTUSblog
- Takeaways: Supreme Court signals it will defy Trump to keep Lisa Cook on Federal Reserve CNN
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