Washington — The Supreme Court on Wednesday appeared likely to allow Lisa Cook to keep her position on the Federal Reserve Board of Governors and reject President Trump's attempt to fire her for now.

Add Yahoo as a preferred source to see more of our stories on Google. Supreme Court arguments on Trump's effort to fire Fed Governor Lisa Cook on January 21, 2026. Paul Clement argues before the ...

The Supreme Court will hear oral argument on Wednesday in yet another battle over the president’s power to remove the heads of independent agencies created by Congress. Wednesday’s arguments center on ...

WASHINGTON (AP) — The Supreme Court on Wednesday seemed inclined to keep Federal Reserve governor Lisa Cook in her job, casting doubt on President Donald Trump’s bid to wrest control of the nation's ...