URGENT: Supreme Court Blocks Removal of Federal Reserve Governor Lisa Cook in Last-Minute Ruling

Breaking News: Supreme Court Blocks Removal of Federal Reserve Governor Lisa Cook The Supreme Court has temporarily blocked President Trump's attempt to fire Federal Reserve Governor Lisa Cook, maintaining a critical firewall around the central bank's independence. This decision comes just hours before Cook was set to be removed from her position. The high court's ruling means she can stay in her job at least until January, when oral arguments in the case are scheduled. The Supreme Court's move is seen as a significant check on presidential power and a victory for those who argue that central banks should operate independently of politics. This decision follows months of tension between Trump and the Federal Reserve, with the president repeatedly criticizing Cook and other Fed officials for their monetary policy decisions. The court's ruling does not necessarily mean Cook will ultimately be allowed to keep her job. However, it provides a temporary reprieve and gives her time to continue serving as a governor on the central bank. This is a developing story, with further updates expected in the coming days and weeks as the case continues to unfold. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Npr.*