The U.S. Supreme Court ruled Wednesday that Federal Reserve Governor Lisa Cook will be allowed to continue serving on the central bank’s board at least until 2026, while justices weigh the legality of her removal by former President Donald Trump. The court scheduled oral arguments for January 2026, with a decision expected before the end of June next year. The dispute stems from Trump’s decision in August to dismiss Cook, alleging mortgage fraud, a charge she has firmly rejected. Trump asked the Supreme Court to allow him to remove Cook, but the nation’s highest court denied the request. We look forward to ultimate victory after presenting our oral arguments before the Supreme Court in January.”Editorial credit: Photo Agency / Shutterstock.com