Trump Asks Supreme Court to Let Him Fire Fed’s Lisa Cook
The article discusses President Donald Trump's request to the US Supreme Court to allow him to dismiss Federal Reserve Governor Lisa Cook. Cook is currently fighting Trump's attempt to remove her from her position. This legal battle has significant implications for the independence of the Federal Reserve, a crucial institution for the US economy. The case is expected to reach the Supreme Court, which will have to decide whether the president has the authority to fire a sitting Federal Reserve governor. The outcome of this dispute could have far-reaching consequences for the Federal Reserve's ability to operate independently from political influence, a crucial aspect of its role in maintaining economic stability and policymaking.
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