Supreme Court to hear Trump tariff case Nov. 5, as Cook appeal looms

[BumRushDaShow]

Source: Axios

Updated 2 hours ago


President Trump's economic agenda collided with the Supreme Court Thursday, as Trump asked the justices to let him fire Fed governor Lisa Cook and the court scheduled arguments on a challenge to his trade agenda.

Why it matters: The outcome of both cases has major implications for the future of the economy and administration policy.

State of play: A federal appellate court struck down tariffs late last month after they were imposed by Trump under the International Emergency Economic Powers Act. The court argued the import taxes were an overreach of power.

But the judge said the tariffs can stay in place until Oct. 14 to give the Trump administration time to appeal to the Supreme Court.

Earlier this month, the high court agreed to put the case on a fast track and promptly hear the case, which it will now do Nov. 5.

The big picture: With that hearing scheduled, the court will now have to decide whether it will hear a separate case on Fed governor Cook, whose unprecedented firing came after housing regulator Bill Pulte alleged the official committed mortgage fraud.

The firing came as Trump sought to exert more control over the Fed, who he has repeatedly pressed to lower interest rates.

Read more: https://www.axios.com/2025/09/18/trump-supreme-court-tariffs-case-ieepa

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[zanana1]

1. Gee. I wonder what'll happen.