Supreme Court rejects Trump admin's bid to lift stay on Fed Board director's firing
The court found that the administration had not shown it was likely to prevail on the merits of the case while Cook's termination moved through the appeals process.
The Supreme Court on Monday rejected a bid by the Trump administration to lift a lower court's order blocking the firing of Federal Reserve Board Director Lisa Cook.
Trump attempted to fire Cook from the Federal Reserve's Board of Directors "for cause," citing allegations that she may have lied on her mortgage applications. That move faced a judicial stay at the district court level and an appeals court in September, maintained the stay.
The court found that the administration had not shown it was likely to prevail on the merits of the case while Cook's termination moved through the appeals process.
Chief Justice John Roberts delivered the majority opinion of the Court. The 5-4 decision saw Justices Clarence Thomas, Samuel Alito, Neil Gorsuch, and Amy Coney Barrett dissent.
Ben Whedon is the Chief Political Correspondent for Just the News. Follow him on X.