Federal Reserve Governor Lisa Cook (R) and her attorney Abbe Lowell, talk to members of the press outside the US Supreme Court in Washington, DC, on January 21, 2026. The US Supreme Court was hearing arguments Wednesday over President Donald Trump's attempt to fire a Federal Reserve governor, Lisa Cook a case that could have far-reaching consequences for the independence of the central bank. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)