General World News

Supreme Court appears skeptical of Trump’s bid to remove Fed’s Lisa Cook

For nearly two hours on Wednesday, the Supreme Court discussed President Donald Trump’s bid to oust Federal Reserve Governor Lisa Cook, who is accused of committing mortgage fraud by allegedly misrepresenting occupancy requirements on loans for two properties.

Several outlets — including The New York Times, CNN, NPR and The Wall Street Journal — reported Wednesday that justices were “skeptical of” and “poised to reject” Trump’s attempts to fire Cook, although no final decision has been made.

The Supreme Court agreed in October to hear Cook’s case and let her stay in her position on the Fed’s board in details ⇒

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