The Daily Fuckup

The Supreme Court on June 29, 2026, denied the government’s stay application and left Federal Reserve Governor Lisa Cook in office while her case continues. The order kept a lower-court injunction in place, so Cook remains on the job unless a later ruling changes that result. ([supremecourt.gov](https://www.supremecourt.gov/opinions/25pdf/25a312_5468.pdf))

Cook was the first Fed governor ever targeted for removal in the central bank’s 111-year history, according to the Court’s own summary. The dispute began after President Donald Trump posted that Cook should resign on August 20, 2025, then said three days later that he was removing her for cause over mortgage-fraud allegations she has denied. The Court did not decide the case on the merits at this stage; it ruled only on the government’s request for emergency relief. ([supremecourt.gov](https://www.supremecourt.gov/opinions/25pdf/25a312_5468.pdf))

In denying the stay, the justices said the government had not shown it was likely to win on the issues before the Court. The order also said the Federal Reserve’s structure and history justify a substantial threshold for “cause,” and it stressed the central bank’s long tradition of insulation from day-to-day political control. ([supremecourt.gov](https://www.supremecourt.gov/opinions/25pdf/25a312_5468.pdf))

The ruling did not settle whether Trump can ultimately fire Cook. It did, however, leave the Fed in a separate category from other agency-removal fights the Court was handling that day. The practical effect for now is narrow: Cook stays in office unless and until the litigation ends another way. ([supremecourt.gov](https://www.supremecourt.gov/opinions/25pdf/25a312_5468.pdf))