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Supreme Court keeps Fed’s Lisa Cook in role for now, agrees to review case

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The Supreme Court on Wednesday agreed to review President Donald Trump‘s effort to fire Federal Reserve Governor Lisa Cook, and will allow her to remain in her spot on the board until oral arguments can be heard in January, the court said — delivering a long-awaited update on a high-profile case, and one expected to have significant political and economic implications for the nation’s central bank.
The update comes roughly two weeks after Trump officials appealed the case to the high court for emergency review.
Oral arguments are expected to be closely watched, given the unprecedented nature of the case, and the seismic shift that any ruling could have on U.S. economic decisions.
In appealing the case to the Supreme Court, lawyers for the Trump administration argued that the Fed’s «uniquely important role» in the U.S. economy only heightens the government’s and public’s interest in reviewing the case.
COOK’S POTENTIAL EXIT HANDS TRUMP GREATER SWAY OVER FED BOARD SHAPING US MONETARY POLICY
A side-by-side image of President Donald Trump and Federal Reserve Governor Lisa Cook. ( Andrew Harnik/Al Drago/Getty Images/Getty Images)
«Put simply, the president may reasonably determine that interest rates paid by the American people should not be set by a governor who appears to have lied about facts material to the interest rates she secured for herself — and refuses to explain the apparent misrepresentations,» Solicitor General D. John Sauer said Thursday in the appeal.
The review of Cook’s case is significant. Trump’s attempt to fire Cook marked the first time in the bank’s 111-year history that a president has ever attempted to remove a sitting governor from Fed — a stridently independent body whose members are shielded by law against political pressures.
The court’s decision to take up the case comes weeks after U.S. District Judge Jia Cobb issued a preliminary injunction last month blocking Trump from firing Cook from the Fed while the case continued to play out in court.
She ruled that Trump had failed to satisfy the stringent requirements needed to remove a sitting Fed governor «for cause,» and that Cook could not be removed for conduct that occurred prior to her appointment to the Fed.
The U.S. Court of Appeals for the D.C. Circuit voted 2-1 in September to to deny Trump’s request for intervention, prompting the administration to kick the case to the Supreme Court for emergency review.
The Supreme Court update comes as Trump has for months pressured the Federal Reserve to slash interest rates, in a bid to help spur the nation’s economic growth.
LAWYERS FOR COOK, DOJ TRADE BLOWS AT HIGH-STAKES CLASH OVER FED FIRING

Chairman of the US Federal Reserve Jerome Powell speaks with Lisa Cook, member of the Board of Governors of the Federal Reserve, at the Federal Reserve Board building in Washington, DC, on June 25, 2025. (Saul Loeb/AFP/GettyImages)
But his attempt to fire Cook for alleged mortgage fraud violations, which she has denied, has teed up a first-of-its-kind court clash that could have profound impacts on the Fed.
Cook’s lawyers have argued that Trump’s attempt to fire her well before the end of her 14-year term is an attempt to install a nominee of his choosing and secure a majority on the Fed board.
Cook sued Trump in late August for his attempt to fire her, arguing that his removal violated her due process rights under the Fifth Amendment, as well as her statutory right to notice and a hearing under the Federal Reserve Act, or FRA — a law designed to shield members from the political whims of the commander in chief or members of Congress.
The Supreme Court has sided with Trump on similar cases in the past.
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The Supreme Court in May allowed Trump to proceed with the provisional firings of two independent board members — National Labor Relations Board member Gwynne Wilcox and Merit Systems Protection Board member Cathy Harris — two Democrat appointees who were abruptly terminated by the Trump administration.
But even that decision sought to differentiate these boards from the Fed, which they stressed was a «uniquely structured, quasi-private entity that follows in the distinct historical tradition of the First and Second Banks of the United States.»
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Johnson accuses Schumer of blocking ‘real discussion’ to keep government open

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EXCLUSIVE: Speaker Mike Johnson, R-La., is accusing Senate Minority Leader Chuck Schumer, D-N.Y., of refusing to vote to end the government shutdown to kowtow to his left-wing base.
Johnson told Fox News Digital in a sit-down interview that Democrats’ refusal to budge on their current position came up in an hour-long call with President Donald Trump Wednesday afternoon.
«[Trump is] very bothered by that, that Chuck Schumer would do this, Democrats would do this, because we haven’t,» the top House Republican said.
He noted that Democrats had voted on a similar measure to what Republicans are offering on 13 different occasions under former President Joe Biden.
SOCIAL SECURITY, AIRPORTS, FOOD STAMPS: HOW ARE YOU AFFECTED DURING A GOVERNMENT SHUTDOWN?
House Speaker Mike Johnson, right, is criticizing Senate Minority Leader Chuck Schumer’s, left, for refusing to agree to a GOP-led plan to avert a government shutdown. (Kent Nishimura/Bloomberg via Getty Images; Tasos Katopodis/Getty Images)
«And even when the Republicans were in the minority, we did the right thing to keep the government open. And we fully expected that Schumer would do that again, as he always has, but not this time,» Johnson said.
«This is a selfish political calculation he’s made, that he’s got to prove to the far left that he’s going to fight Trump or something. So, we talked about our frustration with that.»
He said Trump appeared «happy» that Republicans remain unified in their federal funding stance but was concerned about the effects of a prolonged shutdown on everyday Americans.
REPUBLICANS ERUPT OVER SHUTDOWN CHAOS, ACCUSE DEMS OF HOLDING GOVERNMENT ‘HOSTAGE’
«But the reason we’re happy about that is because we know we’re doing the right thing for the American people,» Johnson said. «And Chuck Schumer and the Democrats are demonstrating that they are willing to inflict this pain upon the people for their own political purposes. And I think that is a tough thing for them to get over.»
He said of a meeting between congressional leaders and Trump that occurred Monday: «I tried my best in the White House, and he just is in no mood to have a real discussion about these issues. So, we are where we are.»

President Donald Trump, right, salutes Air Force Col. Christopher M. Robinson, commander, 89th Airlift Wing, before boarding Marine One upon his arrival at Joint Base Andrews, Maryland, Friday, Sept. 26, 2025. (AP Photo/Luis M. Alvarez)
Senate Democrats have now rejected a GOP-led plan to fund federal agencies through Nov. 21 three times.
The measure is called a continuing resolution (CR) and is aimed at buying House and Senate negotiators more time to reach a deal on fiscal year 2026 federal funding priorities.
The CR would keep current federal funding levels roughly flat while adding an extra $88 million in security spending for lawmakers, the White House and the judicial branch.
Democrats, furious at being largely sidelined in funding discussions, have signaled they would not accept any bill that does not also extend Obamacare tax subsidies that were enhanced during the COVID-19 pandemic. Those enhanced subsidies are due to expire at the end of this year.
But Johnson, who called the Obamacare subsidies an «end-of-year issue,» argued that the bill was a simple extension of federal funding, leaving Republicans with no realistic path for concessions.

Sen. Majority Leader John Thune, R-S.D., speaks with reporters near his office on Capitol Hill Sept. 18, 2025, in Washington. (AP Photo/Mariam Zuhaib)
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«If it was not clean and simple, if I had loaded it up with a bunch of Republican partisan priorities, then there would be something for us to negotiate. I could take those things off and offer it again. I sent it over with nothing attached at all,» he said.
«It quite literally is just buying us time to finish the appropriations process, which was being done in a bipartisan manner. So, I don’t have anything to give, there’s nothing I can give. And Chuck Schumer has made such outrageous counter-demands and proposals that he’s the one that has to come to his senses.»
He was referring to Democrats’ counter-proposal for a CR, which would have repealed the Medicaid reforms made in Republicans’ One Big, Beautiful Bill, while restoring funding for NPR and PBS that was cut by the Trump administration earlier this year.
Fox News Digital reached out to Schumer’s office for a response but did not hear back by press time.
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Carlos Zanón: “El libro es un enfermo con una salud de hierro”

Es la cuarta vez que Carlos Zanón visita la Argentina pero esta, dice, la nota distinta. En el ambiente se respira otro aroma. La última vez —piensa— fue hace unos ocho o nueve años. “Sí, distinta. De todos modos es el día a día lo que tienes que evaluar. Se ve que la gente habla menos de política, por ejemplo. Eso es algo que me ha sorprendido. Hace diez años, cuando entrabas a un taxi o en un bar, todo el mundo hablaba de política. Ahora parece que la gente está bastante escaldada de hablar de política. Entonces hablamos de otras cosas, de la eliminación de River, y ya está”.
Este escritor nacido en Barcelona en 1966, autor de una veintena de libros —varios poemarios, también libros sobre música y un incipiente énfasis en la novela en los últimos años—, es uno de los grandes invitados del festival Semana Negra BA 2025. Hoy a las siete de la tarde va a estar junto a Claudia Piñeiro en una charla titulada “Charco noir: el género a un lado y otro del Atlántico”. Será en la Casa de la Cultura con la moderación de Hinde Pomeraniec. Y mañana, viernes, a la seis y media de la tarde conversará con Gabriela Saidon en el Centro Cultural de España en Buenos Aires.
“A la Argentina me unen los libros. Desde chaval ya leía autores argentinos”, dice del otro lado del teléfono, y recuerda a uno con mucho cariño: «Julio Cortázar para mí fue una fascinación». “He seguido leyendo las cosas que se hacían aquí. Tengo muchos amigos. Selva Almada, Claudia Piñeiro, Gaby Cabezón. La verdad es que tengo muchas referencias de lo que está pasando aquí“, dice quien hoy se ha vuelto una referencia en la novela negra. Su último libro, Love song (Salamandra, 2022), cuyos personajes viven con la máxima que “todo en la vida pasa una vez y media”, es una buena muestra.
El ingreso de Zanón al género negro fue “muy casual”: “No era consciente, porque en España el género negro es muy flexible, no es sólo el policial y las categorías no son tan marcadas como en otros países. A mí, como autor, el género puro y duro no me interesa. Me interesa más la tradición, que quizás viene de Patricia Highsmith, de una novela psicológica, una novela existencialista también. Me interesa más el por qué que el quién mató a quién: por qué suceden las cosas, qué harías tú en una situación determinada, qué pasa en las ciudades, de qué manera gestionamos las familias».
“Me interesa más explorar ambientes y personajes, también todo aquello que se mezcla con el fantástico, con lo histórico o simplemente con la novela costumbrista de toda la vida. Me interesa, sobre todo, una mirada negra”, dice Zanón y se pone su propio traje, el que más cómodo le queda, porque es el suyo, el que tiene “un cierto pesimismo, un cierto determinismo quizás”. “Mi mirada como escritor, mi visión de la sociedad, es más pesimista y determinista en el sentido de que el destino es el carácter. Lo que te va a pasar es como eres y de ahí no puedes escapar por mucho que lo intentes. Me interesa ese tipo de mirada en donde no hay salida. Es lo que yo llamo mirada negra”.
Antes de Love song y Taxi, antes de resucitar al emblemático detective de Manuel Vázquez Montalbán con Carvalho: problemas de identidad, incluso antes de Yo fui Johnny Thunders y de Tarde, mal y nunca, lo que había en Zanón era un poeta. “La poesía es la manera en que gestiono la literatura: trabajar las palabras y el contexto. Toda literatura, si es literatura, es música, y si es música, es poesía. Nos gusta cómo nos explican las cosas, más que lo que nos explican: las palabras que eligen, el tiempo, la musicalidad. La diferencia entre redactar y escribir es la música”.

En los sesenta y setenta, en la casa familiar de los Zanón no había libros desperdigados por las habitaciones ni una pila de títulos sosteniendo una maceta con un potus. Mucho menos una colorida biblioteca. Sus padres no eran grandes lectores, sin embargo le insistían con los beneficios de la lectura. A su padre le gustaba un libro, tal vez el único, Los tres mosqueteros de Alejandro Dumas, y se lo inoculó. “A mí tampoco, cuando era crío, me gustaba leer, pero sí me gustaba mucho Los tres mosqueteros. Lo leí muchísimas veces. Ese fue mi primer contacto con la literatura», agrega.
En el fondo del recuerdo aparece un tío, docente de primaria que murió en un accidente de tránsito. Cuando Carlos Zanón se fue a vivir con sus abuelos se encontró con su biblioteca. “Leer esos libros fue una manera de estar en contacto con él. Era una biblioteca absolutamente heterogénea, desde Cómo aprender kárate en treinta lecciones a una colección sobre las cien mejores obras de la historia. Recuerdo Lord Byron, Bécquer, Julio Verne, Emilio Salgari, los cuentos de Cortázar. Leía Madame Bovary a una edad que no entendía nada. Todo era como un misterio, un código secreto».
“Somos historias”, dice Zanón. “Nos explicamos todo como historias y creo que eso tiene que ver mucho con la ficción y con la función literaria. El hecho de abrir un libro, que es hecho individual, me parece que es algo imparable, algo siempre muy subversivo”. Ni las pantallas podrán, opina Zanón, porque “el libro es un enfermo con una salud de hierro”. “Leer no nos hace mejores, pero sí nos abre la cabeza y nos permite vivir otras vidas, porque con la que tenemos no nos es suficiente. Eso creo que es lo que dan los libros. A diferencia de otras plataformas, exige un esfuerzo, y es recompensado”, concluye.
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Revuelo político en Chile por una desaparecida de Pinochet que encontraron viviendo en Argentina

Así fue el encuentro con la mujer que vive en Miramar
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