Overview

• In a brief unsigned order, the justices declined the administration’s emergency bid to oust Cook and left lower-court injunctions in place.
• The Court scheduled full arguments for January 2026, allowing Cook to vote at the Oct. 28–29 and December Federal Reserve policy meetings.
• U.S. District Judge Jia Cobb found the firing likely unlawful on for‑cause and due‑process grounds, and a D.C. Circuit panel kept her injunction in a 2–1 decision.
• The White House cites alleged 2021 mortgage misstatements as cause; Cook denies wrongdoing, has not been charged, and records indicate the Atlanta condo was listed as a vacation or second home.
• A separate December case on independent‑agency removals could affect whether courts may block firings, as economists and former Fed leaders warn that an immediate ouster could weaken the Fed’s independence.