Donald J. Trump, President of the United States, Applicant v. Lisa D. Cook, Member of the Board of Governors of the Federal Reserve System, et al.

The justices heard arguments over whether to pause a lower-court order that blocks the President from removing Lisa D. Cook from the Federal Reserve Board. The fight is about whether a President may remove a Board member for cause based on conduct before appointment, without prior notice or a hearing.

The Court heard argument on January 21, 2026, and no decision is available yet. The dispute centers on whether the district court's injunction should stay in place while the removal fight continues.

This could decide whether the President can act quickly to remove a Federal Reserve Board member while the courts review the dispute. For example, it affects whether the Board member at the center of this case stays in office for now.

The Court is weighing whether to pause an injunction that blocks the President from removing a Federal Reserve Board member. The claimed cause is based on conduct before appointment, without notice or a hearing.

It could affect how much process a President must give before removing a Federal Reserve Board member. It also affects whether that official remains on the Board during the court fight.

The justices will issue a decision on the requested stay. The prompt says that is generally expected by late June or early July.