Supreme Court to Review President Trump Attempt to Remove Federal Reserve Governor Lisa Cook
The Supreme Court hears arguments Wednesday on the legality of firing a Fed governor. The case tests presidential power and central bank independence.
The U.S.
USSupreme Court is scheduled to consider on Wednesday the legality of President Donald Trump donald trumpand his attempt to fire Federal Reserve Governor Lisa Cook lisa cook. This case represents the second major economic policy dispute involving Donald Trumpto reach the high court during its current term, which began in October. The ruling will determine whether the president can remove governors of the Federal Reserve, an institution created by the Federal Reserve Act in 1913, and will test the Court's commitment to protecting central bank independence from political interference.




