June 06, 2026
The case represents the latest dispute to come to the top US judicial body involving Trump's expansive view of presidential powers
Traders weigh impact of US government shutdown
A judge had temporarily blocked Cook's firing
Cook, in her lawsuit, noted that the court in a May order distinguished the Fed from other government agencies
Trump's bid for more Fed control drags on dollar as 2-year yields slide
She will file a lawsuit to prevent President Donald Trump from firing her, a lawyer for the embattled central bank official says
Trump says he has "cause" to remove Cook, while it could be the first-ever effort to remove a governor facing a court challenge
