The Supreme Court on Monday blocked President Trump’s attempt to remove Federal Reserve Governor Lisa Cook, ruling that the president failed to provide her the procedural protections required by law.
The 5-4 decision, written by Chief Justice John Roberts and joined by Justices Sotomayor, Kagan, Kavanaugh, and Jackson, denied the government’s application to stay a lower court injunction that has kept Cook in her position since last fall.
The Court resolved the case on narrow grounds, declining to rule definitively on whether Cook’s alleged mortgage fraud constituted sufficient legal cause for her removal. Instead, the majority held that…
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