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The Guardian Business · Jun 29, 2026 2:20 PM EDT Macro

US supreme court rules Trump’s firing of Lisa Cook from Fed was unconstitutional

Justices find president does not have constitutional authority to fire Federal Reserve governor without causeUS supreme court decisions – live updatesSign up for the Breaking News US emailThe US supreme court has ruled that Donald Trump’s firing of a Federal Reserve governor was unconstitutional, in a landmark ruling that limits a president’s authority over the central bank.In its opinion, the court said that Trump …

US supreme court rules Trump’s firing of Lisa Cook from Fed was unconstitutional
Image The Guardian Business

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