The US Supreme Court on Monday said President Trump cannot fire Federal Reserve Governor Lisa Cook. The high court, in a 5-4 vote ruled that Trump cannot remove Cook. Chief Justice Roberts wrote the majority opinion. “To accept any of those arguments would in effect transform the Federal Reserve’s for-cause protection into at-will employment,” Roberts wrote. Justice Thomas dissented. Lisa Cook filed a lawsuit against President Trump, the Federal Reserve Board of Governors, and Federal Reserve Chairman Jerome Powell after Trump fired her last summer. The Trump Administration previously asked the US Supreme Court to intervene after a federal appeals court blocked Trump from firing Lisa Cook. DOJ Solicitor General John Sauer, in his petition to the Supreme Court, said the lower courts have interfered with the President’s authority to remove…
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