Donald J.Trump vows “appropriate action” after Supreme Court sends Lisa Cook case back
The Supreme Court returned the Federal Reserve board member lawsuit on procedural grounds, and Trump pledged to prevent Cook from making “vital decisions.”
The Supreme Court returned the Federal Reserve board member lawsuit on procedural grounds, and Trump pledged to prevent Cook from making “vital decisions.”
WHITE HOUSE — Donald J.Trump vowed to take immediate action against Federal Reserve Governor Lisa Cook after the Supreme Court sent their legal dispute back on procedural grounds on June 29, 2026.
Here is the full post (see truthsocial): “The Cook Lawsuit, having to do with her suitability in sitting on the Board of the Federal Reserve, was sent back by the Supreme Court on a strictly procedural basis, we will take appropriate action immediately to make sure that someone who has committed wrongdoing will not be making vital decisions concerning the Welfare of the United States of America! Thank you for your attention to this matter. Donald J.Trump”
The case, formally titled Donald J.Trump v. Lisa D. Cook, centered on whether Trump had the legal authority to fire Cook from the Federal Reserve Board of Governors (see Google). Cook challenged her removal, arguing that no lawful cause existed under the Federal Reserve Act and that Trump failed to comply with constitutional and statutory processes.
Trump first attempted to fire Cook in August 2025, citing mortgage fraud allegations raised by Federal Housing Finance Agency Director Bill Pulte (see Google). Cook rejected the accusations, and her attorney, Abbe Lowell, called the firing an “attempted illegal action.” District of Columbia U.S. District Court Judge Jia Cobb issued a preliminary injunction blocking the removal, finding that Cook made “a strong showing that her purported removal was done in violation of the Federal Reserve Act’s “for cause” provision.”
The D.C. Circuit Court of Appeals and the Supreme Court both rejected emergency appeals by the Trump administration before oral arguments were held in January 2026 (see oyez.org). The attempted firing marked the first time in the Federal Reserve’s 112 years of operation that a president sought to remove a sitting governor.
Reuters published an analysis of loan and job-vetting forms submitted by Cook in 2021, stating that the declarations she made “appear to undercut fraud claims” (see Google). Property records reviewed by Reuters revealed that Cook declared her Atlanta home as a “vacation home” on a loan estimate and as a “2nd home” on her national security clearance form, contradicting the allegation that she fraudulently claimed two primary residences.
The Supreme Court’s decision to return the case on procedural grounds leaves open the question of whether the president has the constitutional power to remove Federal Reserve governors at will (see cbsnews.com). Legal scholars have described the case as a landmark battle with far-reaching consequences for the independence of the central bank.
Trump’s post signals that his administration plans renewed efforts to remove Cook from the board. The president characterized Cook as “someone who has committed wrongdoing” and framed the fight as protecting the “Welfare of the United States of America.”
Zenger analysis of Trump’s Truth Social activity found that 23 of his 623 posts in the last 30 days addressed legal topics, placing this post within a sustained pattern of commentary on court battles and law enforcement matters.
Source: Zenger real-time database of all Truth Social posts.
Note: Chart generated on June 29, 2026 at 10:37 AM EST
Source: Zenger analysis
Note: Table generated by NewsFindr on June 29, 2026 at 10:37 AM EST