Archive · 22 Jan 2026
Supreme Court Skeptical of Trump's Bid to Fire Lisa Cook
Lisa Cook is a professor and economist who became the first Black woman on the Federal Reserve Board in 2022.
She has a PhD in Economics and has done important research on how discrimination affects the economy.
President Trump wants to remove her from her position, claiming she was involved in mortgage fraud.
Cook says she won't resign and the Supreme Court is deciding if Trump can remove her.
She has been described as a 'dove,' which means she often supports lower interest rates.
Some people question her qualifications, but she has a strong academic background and has worked on important economic issues.
The Supreme Court seems skeptical of Trump's reasons for wanting to fire her and is considering the impact on the independence of the Federal Reserve.
The US Supreme Court appeared skeptical of President Donald Trump’s effort to fire Federal Reserve governor Lisa Cook during oral arguments.
Trump sought to dismiss Cook, accusing her of mortgage fraud, which she denies.
A majority of the justices expressed doubts that the president had shown sufficient cause to remove Cook or had provided her with appropriate due process.
Justice Brett Kavanaugh warned that setting a low bar for cause could weaken the independence of the Federal Reserve.
Cook's lawyer argued that the president should not have the authority to remove Fed governors at will, emphasizing the importance of the Fed's independence.
- Who
- Lisa Cook, the first Black woman on the Federal Reserve Board of Governors
- What
- Supreme Court hearing on President Donald Trump's attempt to remove her from her position
- When
- Cook took office in May 2022; Supreme Court hearing held recently
- Where
- United States, specifically the Federal Reserve Board and the Supreme Court
- Why
- Trump claims mortgage fraud and criticizes the Fed's interest rate policies
- Name
- Lisa Cook
- Position
- Federal Reserve Board of Governors
- Appointment Date
- May 2022
- Term End
- 2038
- Education
- PhD in Economics, University of California, Berkeley
- Specializations
- International and Macroeconomics, Labor Market Inequality, International Development Economics
- Languages Spoken
- 5, including Russian
- Notable Work
- Research on economic scars of discrimination
- Allegations
- Mortgage fraud
- Supreme Court Hearing
- Wednesday (date not specified)
