Supreme Court keeps Fed Gov. Lisa Cook in her job for now in Trump v. Cook
On June 29, the Supreme Court denied a stay request in Trump v. Cook, keeping a preliminary injunction in place while the case continues.
The U.S. Supreme Court on June 29, 2026, denied the government’s request to pause a lower-court order blocking President Trump from removing Federal Reserve Governor Lisa Cook. The immediate effect: Cook can stay in her role for now while the lawsuit continues.
What the Supreme Court did on June 29
In Trump v. Cook (No. 25A312), the Supreme Court declined to grant a “stay” of the district court’s preliminary injunction. A stay would have allowed the removal to move forward immediately despite the injunction. Because the stay was denied, the preliminary injunction remains in place as the case proceeds.
What remains in place right now
The lower-court injunction continues to stop removal while the dispute moves through ongoing proceedings. That means the case is still actively litigating the legal questions rather than ending them on the merits.
The legal question still open: removal power and separation of powers
The fight behind the case centers on separation-of-powers concerns—specifically how far a President may go when Congress has placed certain limits around the removal of a Federal Reserve Governor (often described as “for-cause” protections). The Supreme Court’s action on June 29 was about the timing of relief, not a final determination of the ultimate legality of removal.
Why Fed governance independence matters to readers
The Federal Reserve is structured to operate with insulation from day-to-day political control. When courts are asked to decide whether a President can override statutory removal limits during active litigation, the result can affect how stable institutional guardrails remain while disputes are resolved—without presuming any outcome on the merits.
What to watch next
With the preliminary injunction still in place, the case continues in the lower courts. The key next moments are further merits proceedings and any later appeals that could renew Supreme Court review in the future.
Sources
- U.S. Supreme Court (Opinion PDF): Trump v. Cook, No. 25A312 (June 29, 2026)
- Cornell LII: Trump v. Cook (case text for Supreme Court filing/opinion)
- Associated Press: Supreme Court keeps Federal Reserve Governor Lisa Cook in her job (June 29, 2026)
- Axios: Why the Trump v. Cook decision matters for Fed independence (June 29, 2026)
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