Analysis

High Court Gives Fed Independence A 'Fragile' Reprieve

By Jon Hill · June 30, 2026, 12:00 AM EDT

The U.S. Supreme Court has thrown its weight behind Federal Reserve independence by rejecting President Donald Trump's bid to immediately oust Fed Gov. Lisa Cook, but experts say the fight over...

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Case Information

Case Title

Donald J. Trump, President of the United States, Applicant v. Lisa D. Cook, Member of the Board of Governors of the Federal Reserve System, et al.

Case Number

25A312

Court

Supreme Court

Nature of Suit

2890 Other Statutory Actions

Date Filed

September 18, 2025