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SCOTUS spares Lisa Cook

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monday

SCOTUS spares Lisa Cook

Supreme Court halts Trump’s firing of Lisa Cook

The Supreme Court blocked President Trump’s firing of the Federal Reserve board member on Monday in a 5-4 vote, ruling she can remain as her legal challenge proceeds.

Trump became the first president to attempt to fire a Fed board member in its 112-year history when he sacked Cook last year over accusations of mortgage fraud.

Chief Justice John Roberts wrote that the president didn’t provide her enough process to contest the allegations.

“To be clear, the ultimate question of whether the President can remove Cook for cause will depend in part on the underlying facts,” Roberts wrote. 

“In this opinion, we have not addressed the facts, as they have yet to be found or analyzed under the relevant legal standards. Rather, we have simply addressed the parties’ arguments about the appropriate legal standards under which the facts must be evaluated,” he continued.

Roberts joined the court’s three liberals and Justice Brett Kavanaugh, one of Trump’s appointees, to form the five-justice majority

The court’s four other conservatives — Justices Clarence Thomas, Samuel Alito, Neil Gorsuch and Amy Coney Barrett — dissented.

“Many do not share the Court’s rosy appraisal of the past century. But if the Court prefers an independent Federal Reserve Board, then its issue is not with the President but with........

© The Hill