The United States Supreme Court on Wednesday, January 21, has signalled support for Fed Governor Lisa Cook, casting doubt over Donald Trump's bid to fire her and wrest control over the central bank. In its remark, the Supreme Court said that removing Lisa Cook would weaken the independence of the Federal Reserve. Arguments were heard over Trump’s effort to fire Cook based on allegations she committed mortgage fraud, which she denies. What is Lisa Cook accused of? He has also argued that Lisa Cook has no right to a hearing.

Source: Mint January 21, 2026 20:41 UTC