Court weighs Fed independence as Trump targets Lisa Cook
TL;DR
The Supreme Court is weighing whether a president can remove Fed Governor Lisa Cook, an unprecedented move that tests the Fed’s independence from political influence. The case centers on tenure protections that shield central-bank decisions from policy disputes and could reshape who controls U.S. monetary policy, with rulings expected by June as the court considers limits to presidential power over the economy.
- Supreme Court tests limits of Trump's power over the economy in fight over Fed's Lisa Cook Reuters
- Supreme Court prepares to weigh Trump’s power over Federal Reserve The Hill
- Will the Supreme Court let Trump take control of the Fed? USA Today
- Trump v. Cook: an explainer SCOTUSblog
- A major development in Trump's Fed feud is set to happen next week in the Supreme Court CNBC
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