A recent decision by the US Supreme Court has implications for the Federal Reserve. The court ruled that President Donald Trump cannot fire Federal Reserve governor Lisa Cook at this time.

The ruling was made with a 5-4 vote, allowing Cook to remain in her position while a challenge to her potential firing is ongoing in court.

Further details on the Supreme Court's decision and its rationale are available from NBC 5 Dallas-Fort Worth, for those interested in learning more about the case and its potential impact.