The Supreme Court Wednesday seemed likely to block President Trump's attempt to immediately remove Lisa Cook from the Federal Reserve's governing board.
In a spirited argument that lasted more than… [+5849 chars]
Supreme Court doubtful of Trump claim he can fire Fed governors by fiat - NPR
The Trump administration wants the authority to fire Lisa Cook, a Federal Reserve governor. Experts say that would undermine the independence of the central bank.
Source:NPR
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