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Trump temporarily blocked by Supreme Court from ousting US Fed’s Cook

By Neil Roland ( October 1, 2025, 20:42 GMT | Insight) -- The US Supreme Court temporarily blocked President Donald Trump from ousting Federal Reserve Governor Lisa Cook, deferring the administration's application for a stay pending oral arguments in January. The decision means that Cook, an appointee of President Joe Biden, can sit in on at least two more Fed monetary policy meetings — in October and December — while the Fed has three of seven Trump appointees. Trump has said he wants deeper interest-rate cuts than the central bank has made so far. The US Supreme Court temporarily blocked President Donald Trump from ousting Federal Reserve Governor Lisa Cook, deferring the administration's application for a stay pending oral arguments in January....

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