The Supreme Court ruled 5–4 that President Donald Trump cannot remove Federal Reserve Board Governor Lisa Cook while her separate legal challenge proceeds, after Trump fired her in August 2025 following mortgage-fraud accusations by acting intelligence chief Bill Pulte. Chief Justice John Roberts, writing for the majority, noted the underlying facts had not yet been adjudicated. Trump responded on Truth Social, calling the decision purely procedural and vowing immediate steps to prevent anyone he views as guilty from influencing national welfare. The ruling, which also allowed Trump’s firing of FTC commissioner Rebecca Slaughter, partly limits and partly expands presidential removal power over independent agencies, raising questions about the Fed’s insulation from political control.