first complete breakdown of the 5-4 majority, naming Roberts and Kavanaugh joining the liberals and distinguishing Cook's case from Slaughter's

NBC reported that the Supreme Court's 5-4 majority, in Trump v. Cook, blocked Trump from removing Federal Reserve Governor Lisa Cook, with Roberts writing that the Fed's unique structure and 'tradition of central banking protected from political interference' placed it outside the at-will removal regime just applied to the FTC. Cook, the first Black woman on the Fed board, had been fired in August 2025 over mortgage-fraud allegations she denies.

“The Supreme Court said Trump cannot fire Federal Reserve Governor Lisa Cook, distinguishing the central bank from other independent agencies.”