According to CNBC, despite the U.S. Supreme Court ruling that the president does not currently have the authority to dismiss a Federal Reserve (Fed) governor, President Trump stated his intention to continue attempts to remove Governor Lisa Cook from the Fed's Board of Governors. When asked how he would dismiss Governor Cook, President Trump replied, "We just need to win this lawsuit." He said, "The Supreme Court remanded the case not based on the merits of the issue, but on 'procedure and process'." The Supreme Court's opinion, released on the 29th (local time), is interpreted as leaving open the possibility of Governor Cook's future dismissal.
