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Can Trump fire Fed Governor Lisa Cook?

DeFi Daily News by DeFi Daily News
January 21, 2026
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The case of Federal Reserve Governor Lisa Cook is before the Supreme Court. Their decision will determine how much authority President Trump has over the U.S. central bank, which sets interest rates that influence the future trajectory of inflation and the job market.

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Senior Managing Producer: Shawn Baldwin
Additional footage: Getty Images

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Can Trump fire Fed Governor Lisa Cook?

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Tags: Bill Pultecentral bankingCookDonald Trumpfedfederal funds rateFederal ReserveFIREGovernorinterest ratesJoe BidenJusticelawlisaLisa Cookmortgage fraudMortgagesPoliticsSteve Liesmansupreme courtTrumpU.S. Economyunited states
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