What happened

The Supreme Court Wednesday ruled that Federal Reserve Governor Lisa Cook can remain in her role while the justices consider the legality of President Donald Trump’s unprecedented effort to oust her from the central bank’s board.

Who said what

The court’s brief, unsigned decision to hear the case “sets up a showdown over the independence of the central bank” that could have “major ramifications for businesses and consumers,” The Washington Post said. Five of the conservative court’s nine members would have needed to approve Cook’s dismissal , so the ruling “signals hesitation from at least some of the justices” over Trump’s “aggressive campaign” to seize “tighter control over the Fed .”

The ruling was a “rare instance of Trump not quickly getting everything he wants

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