Trump Urges Supreme Court to Immediately Remove Lisa Cook from the Federal Reserve

Trump Asks Supreme Court for Immediate Removal of Federal Reserve Board Member

President Donald Trump has urged the Supreme Court to urgently intervene and remove a member of the Federal Reserve Board from her position.

The Trump administration turned to the Supreme Court after a federal appeals court declined to grant the request for the removal of Lael Brainard, a member appointed by the previous Democratic president, Joe Biden. This decision marks a significant challenge to the Federal Reserve’s independence from executive influence, as Trump aims to reshape the seven-member board.

The White House’s effort to remove Brainard represents an unprecedented bid to alter the Federal Reserve, an institution designed to operate largely free from daily political pressures. In its over 112-year history, no sitting president has ever dismissed a current board member.

Brainard has firmly stated that she will not step down and will not submit to what she describes as Trump’s intimidation tactics.

Her lawyer, Abbe Lowell, emphasized that Brainard intends to continue fulfilling her responsibilities as a member of the Federal Reserve Board, as confirmed during her Senate confirmation process.

Don't miss

Why Branded Residences Are Reshaping Dubai’s Luxury Property Market

Discover why Bugatti, Armani, and Cavalli branded residences are transforming Dubai's luxury off-plan market and what it means for investors and rental yields.

UAE Equities Decline as Regional Tensions Shake Investor Confidence

UAE stock markets closed lower as Middle East tensions dampened investor sentiment, while strong bank earnings and rising oil prices offered limited support.

Dubai rewards residents for inviting more tourists to the city

Dubai has unveiled A Dubai Invite, rewarding residents who encourage overseas friends and relatives to visit the emirate through a new referral programme.

Dubai expands Gold Line to redefine urban transport

Dubai is moving forward with its Dh34bn Gold Line metro project, expanding public transport, improving connectivity and supporting long-term urban growth.

Majority of Investors Forecast Further Growth for Dubai’s Property Market in 2026

Most investors expect Dubai property prices and transaction volumes to rise in 2026 as confidence remains strong across luxury, ready, and off-plan real estate markets.

UAE Begins Nationwide Rollout of Jaywan Payment Cards Through Local Banks

The UAE has launched Jaywan, its first national payment card network, enabling local banks to issue debit and prepaid cards while expanding secure digital payments.

Dubai Property Sales Reach $78 Billion in Record First Half of 2026

Dubai recorded $78 billion in property sales during H1 2026 as luxury residences, branded developments and strong investor demand continued to drive the real estate market.

Dubai Property Market Shows Resilience Despite Regional Tensions

Dubai's residential market recorded AED 225.7 billion in H1 2026 transactions as strong investor demand, population growth and Golden Visa reforms supported continued growth.

Indian Buyers Lead Dubai’s International Property Market in 2026

Indian investors led foreign property purchases in Dubai in 2026, accounting for over 20% of transactions as global demand for UAE real estate remained strong.

US States Move to Block Paramount–Warner Bros. Merger

A coalition of 12 US states has asked a court to block Paramount's proposed acquisition of Warner Bros., citing concerns over competition in the media industry.

Similar publications

Why Branded Residences Are Reshaping Dubai’s Luxury Property Market

Discover why Bugatti, Armani, and Cavalli branded residences are transforming Dubai's luxury off-plan market and what it means for investors and rental yields.

UAE Equities Decline as Regional Tensions Shake Investor Confidence

UAE stock markets closed lower as Middle East tensions dampened investor sentiment, while strong bank earnings and rising oil prices offered limited support.

Dubai rewards residents for inviting more tourists to the city

Dubai has unveiled A Dubai Invite, rewarding residents who encourage overseas friends and relatives to visit the emirate through a new referral programme.