FILE - The US Supreme Court has ruled that President Donald Trump cannot now fire Federal Reserve Board Governor Lisa Cook. A lower court is still considering whether he has cause to do so. WASHINGTON, DC - MARCH 19: Federal Reserve Board Governor Lisa Cook arrives for a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC. The board met to meet to discuss a proposal to loosen capital requirements for large and regional banks, scaling back stricter regulations. (Photo by Kevin Dietsch/Getty Images)