Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now
Briefly

Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now
"In a brief unsigned order, the high court said it would hear arguments in January over Republican President Donald Trump's effort to force Cook off the Fed board. The court will consider whether to block a lower-court ruling in Cook's favor while her challenge to her firing by Trump continues. The high-court order was a rare instance of Trump not quickly getting everything he wants from the justices in an emergency appeal."
"Separately, the justices are hearing arguments in December in a separate but related legal fight over Trump's actions to fire members of the boards that oversee other independent federal agencies. The case concerns whether Trump can fire those officials at will. But a second issue in the case could bear directly on Cook's fate: whether federal judges have the authority to prevent the firings or instead may only order back pay for officials who were wrongly dismissed."
The Supreme Court allowed Lisa Cook to remain a Federal Reserve governor and scheduled January arguments on President Donald Trump's attempt to remove her. The court will decide whether to block a lower-court ruling that found the firing illegal while Cook's challenge proceeds. A judge ruled the firing unlawful and a divided appeals court rejected the administration's emergency appeal. The dispute is tied to a separate case about the president's authority to fire officials who oversee independent agencies and whether courts may enjoin removals or only award back pay. Cook was appointed by President Joe Biden and has refused to resign.
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