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JUST IN: Supreme Court BLOCKS President Trump’s Firing of Fed Member Lisa Cook


The Supreme Court just ruled against President Trump in another case related to his authority over federal agencies.

In a 5-4 ruling, SCOTUS rejected President Trump’s attempt to immediately fire liberal Federal Reserve Governor Lisa Cook — at least, for now.

This means that Lisa Cook can remain in her position while her lawsuit proceeds.

Take a look:

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SCOTUS delivered a major check on presidential power over the Fed.

The Supreme Court blocked Trump’s attempt to fire Governor Lisa Cook without due process, reaffirming that central bank officials can’t be removed at will.

This fight over Fed independence could shape how future presidents handle monetary policy and economic stability, especially with inflation and rate decisions on the line.

As you may recall, President Trump originally attempted to fire Lisa Cook back in August of last year over allegations of mortgage fraud — which she has denied.

She sued him over the decision, and courts have repeatedly prevented President Trump from removing her while litigation continues.

The Hill provided more details on the latest roadblock, handed down from the Supreme Court:

The Supreme Court blocked President Trump’s firing of Federal Reserve board member Lisa Cook on Monday in a 5-4 vote, ruling she can remain on the job as her legal challenge moves forward.

Trump became the first president to attempt to fire a Fed board member in its 112-year history when he sacked Cook last year over accusations of mortgage fraud.

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Chief Justice John Roberts wrote that the president didn’t provide her enough process to contest the allegations.

“To be clear, the ultimate question of whether the President can remove Cook for cause will depend in part on the underlying facts,” Roberts wrote.

“In this opinion, we have not addressed the facts, as they have yet to be found or analyzed under the relevant legal standards. Rather, we have simply addressed the parties’ arguments about the appropriate legal standards under which the facts must be evaluated,” he continued.

Roberts joined the court’s three liberals and Justice Brett Kavanaugh, one of Trump’s appointees, to form the five-justice majority

The court’s four other conservatives — Justices Clarence Thomas, Samuel Alito, Neil Gorsuch and Amy Coney Barrett — dissented.

“Many do not share the Court’s rosy appraisal of the past century. But if the Court prefers an independent Federal Reserve Board, then its issue is not with the President but with the Constitution,” Thomas wrote.

His fellow dissenters didn’t go that far. They stressed the “narrow confines” of the litigation’s current phase.

The case now heads back to a lower court, where Cook will continue to challenge President Trump’s decision to fire her.

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In a post on Truth Social, President Trump responded to the ruling by promising to “take appropriate action immediately” to ensure that she is removed from the Fed.

Read his full statement on Truth Social here:

Full text of that post:

The Cook Lawsuit, having to do with her suitability in sitting on the Board of the Federal Reserve, was sent back by the Supreme Court on a strictly procedural basis, we will take appropriate action immediately to make sure that someone who has committed wrongdoing will not be making vital decisions concerning the Welfare of the United States of America! Thank you for your attention to this matter. President DONALD J. TRUMP

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Today’s Supreme Court rulings were a mixed bag.

While this particular ruling dealt a blow to President Trump’s authority, another massively expanded his power over independent federal agencies.

In a separate case, SCOTUS threw out a 90-year-precedent, granting President Trump the authority to remove a Federal Trade Commission member, Rebecca Slaughter.

NBC News reported:

The Supreme Court on Monday delivered a setback to President Donald Trump, rejecting his attempt to fire Federal Reserve board member Lisa Cook, while in a separate case giving him a freer hand to exert control over other hitherto independent federal agencies.

The two decisions, issued at the same time and both authored by Chief Justice John Roberts, together marked another example of the conservative-majority court pushing back on one aspect of Trump’s broad exertion of executive power while giving him the green light on another.

Though Trump may not fire Cook for now, the court allowed him to remove a member of the Federal Trade Commission, Rebecca Kelly Slaughter. In the latter case, the court overturned a key 1935 Supreme Court ruling called Humphrey’s Executor v. United States, which upheld restrictions on the president’s power to fire FTC members.

The court was divided differently in each case. In Cook, the vote was 5-4 with the court’s liberals joining the majority, while they dissented in Slaughter, which was 6-3 on ideological lines. Only Roberts and fellow conservative Justice Brett Kavanaugh were in the majority in both cases.

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It sounds kind of contradictory, doesn’t it?

Why can President Trump fire Rebecca Slaughter, but not Lisa Cook?

Fox News provided additional insight into these rulings, and the questions they raise, in this clip:



 

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