The Supreme Court will allow Federal Reserve Governor Lisa Cook to remain on the board for now. The Trump administration urged the Supreme Court to block her reinstatement to the board by District Court Judge Jia Cobb, a Biden appointee, in September. BREAKING: The Supreme Court will allow Federal Reserve Governor Lisa Cook to remain on the board for now. Oral arguments to consider President Trump’s effort to fire her will be in January. (RELATED: Lisa Cook Sues Trump After Being Terminated From Fed Board)Cook has denied that she committed fraud.