A recent ruling by the Supreme Court has impacted a member of the Federal Reserve. The court's decision blocked President Donald Trump's attempt to remove Federal Reserve Gov. Lisa Cook from her position.

The action comes after Trump fired Cook in August 2025, citing allegations of mortgage fraud. Cook has maintained her innocence, denying the allegations made against her. Further details on the Supreme Court's ruling and Cook's ongoing lawsuit are available from local news sources, including WXYZ Channel 7.