The US Supreme Court appears to be cautious about removing Federal Reserve Board Member Cook, appointed by President Trump.

The Supreme Court justices of the United States hinted that they are cautious about President Trump's actions to dismiss Lisa Cook, a member of the Federal Reserve Board, over unproven allegations of mortgage fraud, stating that the White House's move could undermine the independence of the Federal Reserve and trigger market turmoil. During a debate held on Wednesday, both conservative and liberal justices sharply questioned the government's chief lawyer, D. John Sauer. Sauer urged the court to temporarily remove Cook from her position while the lawsuit is ongoing. Even justices appointed by Trump himself expressed doubts about firing Cook. Justice Kavanaugh stated that while the President's position may not "shatter" the independence of the Federal Reserve, it would "weaken" it. Justice Amy Coney Barrett asked whether the risks facing the financial markets are a reason for us to "exercise caution," although she also indicated that she is not ready to fully accept Cook's position. This case will test the Supreme Court's commitment to the independence of central banks. So far, the court has helped the Federal Reserve resist attempts by Trump to take control, but the Cook case presents a series of new legal issues.