Supreme Court appears likely to allow Lisa Cook to remain on Fed board

[BumRushDaShow]

Source: Washington Post

January 21, 2026 at 12:23 p.m. EST


The Supreme Court on Wednesday appeared likely to block President Donald Trump from firing Democratic-appointed Lisa Cook from the Federal Reserve Board while a lawsuit challenging her removal plays out, a move that would prevent Trump from exerting greater influence over the powerful central bank that guides the economy.

The president has complained loudly for months that the Fed is not dropping interest rates quickly enough. He has tried to oust Cook over mortgage fraud allegations, and his Justice Department has launched a criminal probe of Fed Chair Jerome H. Powell over whether he lied to Congress.

Both Cook and Powell have denied wrongdoing and accused Trump of manufacturing pretexts to undermine the independence of the central bank to achieve his policy goals. The campaign has alarmed many economists, who fear keeping interest rates artificially low could spark long-term inflation.

The Supreme Court’s ruling, which is expected in the coming weeks or months, is one of the most significant tests to date of Trump’s push to expand presidential power and place parts of the government that for decades have operated independently under tighter control. It could also have major ramifications for the economy and is being closely watched by businesses and the markets. In a sign of the stakes, both Powell and Cook attended the arguments.

Read more: https://www.washingtonpost.com/politics/2026/01/21/fed-lisa-cook-supreme-court-trump/

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[Yo_Mama_Been_Loggin]

1. Too bad Trumpy

[The Grand Illuminist]

2. Don't drop to conclusions.

Roe v. Wade was for the longest time considered settled law.

[BumRushDaShow]

5. "Roe v. Wade was for the longest time considered settled law."

The difference is - "Roe v Wade" was NEVER an explicit "law". That dream has been something that Democrats and pro-choice advocates have been trying to get enacted for just the very reason of gaining some stability as a "law of the land" versus leaving it up to the states (even if ruled unconstitutional for some reason in the future).

The creation and make up of the Federal Reserve and its Board of Governors, etc., WAS done by a series of actual laws that 45 has been trying to poke holes in or create and/or find loopholes in.

[dickthegrouch]

3. Long term inflation: a method to cause people's deaths without being accused of conspiracy to murder

If people can't afford their house, food, medical care, and have no way to get a job, they'll starve.
That appears to be the long term goal of every right wing government on the planet. What I can't figure out is why?
They die, too, in all the currently predictable scenarios that they seem to be trying to foment.

[littlemissmartypants]

4. Pure meanness doesn't need a reason.