Supreme Court to Review Presidential Authority Over Federal Reserve in Cook Removal Case

The U.S. Supreme Court is scheduled to consider the legality of a bid by President donald trump to fire lisa cook, a member of the Board of Governors of the Federal Reserve. Oral arguments are set for Wednesday in a case that will test the extent of presidential authority over monetary policy and the preservation of central bank independence from political interference. This legal battle represents the second major economic policy dispute to reach the high court in the US during the current term of donald trump, following arguments heard in November concerning global tariffs.