Supreme Court Ruling on Trump and Fed Governor Cook

The Supreme Court blocked President Trump’s firing of Federal Reserve governor Lisa Cook on Monday in a 5-4 vote, ruling she can remain on the job as her legal challenge moves forward.   Trump became the first president to attempt firing a Fed governor in its 112-year history when he sacked Cook las

The Supreme Court said Monday that President Trump could not fire Federal Reserve governor Lisa Cook, a blockbuster ruling that limits the president's influence on the central bank. Why it matters: It is among the bigger blows delivered by the top court to Trump's economic