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Last Updated:June 29, 2026, 20:16 IST
In a narrow 5-4 ruling, the court said that the president cannot remove officials at the independent Fed "for any reason or not reason."

The US Supreme Court. (REUTERS)
The US Supreme Court on Monday blocked President Donald Trump from being able to immediately fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations, a blow to his expansive view of presidential powers.
In a narrow 5-4 ruling, the court said that the president cannot remove officials at the independent Fed “for any reason or not reason."
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News world US Supreme Court Blocks Trump Bid To Fire Federal Governor Lisa Cook
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