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The Supreme Court is poised to decide whether President Trump can remove Lisa Cook from the Fed board in a case that economists and former officials say threatens to erode central bank independence

The Wall Street Journal•Friday, September 26, 2025 at 1:00:00 AM
NegativeFinancial Markets
The Supreme Court is poised to decide whether President Trump can remove Lisa Cook from the Fed board in a case that economists and former officials say threatens to erode central bank independence
The Supreme Court is about to make a significant decision regarding President Trump's ability to remove Lisa Cook from the Federal Reserve's board. This case is crucial as it raises concerns among economists and former officials about the potential erosion of central bank independence, which is vital for maintaining economic stability. The outcome could have lasting implications for how the Federal Reserve operates and its ability to make unbiased decisions free from political influence.
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