The Supreme Court gave a skeptical hearing Wednesday to President Trump’s claim that he has the power, acting alone, to fire Federal Reserve Board governor Lisa Cook for a past mistake on a mortgage application. Justice Brett M. Kavanaugh told Trump’s lawyer he had overplayed his hand. He has clashed with Federal Reserve Board Chairman Jerome H. Powell and threatened to fire him. But Roberts and the conservatives were also ready to make an exception for the Federal Reserve Board. Under your position, it doesn’t make a difference, right?”Sauer had argued the courts could not review Trump’s decision to fire a Federal Reserve Board governor.

Source: Los Angeles Times January 21, 2026 23:32 UTC