Fed Governor Lisa Cook Wins Temporary Shield as Supreme Court Blocks Trump Firing Bid

The Supreme Court ruled that President Trump cannot fire Federal Reserve Governor Lisa Cook for now, denying his bid to stay a lower court ruling while her dismissal challenge proceeds; the court did not decide whether Trump ultimately has that power, emphasizing the Fed's independence in a 5-4 decision, with Chief Justice Roberts writing for the majority, and Cook remaining on the Fed during litigation.