Trump Vows to Remove Fed Governor After High-Stakes Supreme Court Ruling

US President Donald Trump has reaffirmed his intention to remove Federal Reserve Governor Lisa Cook from office. The move comes after the Supreme Court blocked Trump's initial attempt in a 5-4 decision on June 29, 2026.

Cook was first targeted for removal by Trump on August 25, 2025, with allegations of mortgage fraud made by the Federal Housing Finance Agency Director. However, Cook challenged the action in federal court and two lower courts blocked her removal while her lawsuit proceeded.

The Supreme Court's decision emphasized that the Federal Reserve's independence from political control is constitutionally protected and that monetary policy should remain insulated from pressure. While the Court did not foreclose future removal efforts, any new attempt would require proper procedures and substantial evidence of misconduct.