The Supreme Court is poised to decide whether President Trump can remove Lisa Cook from the Fed board in a case that economists and former officials say threatens to erode central bank independence
WSJ·2025-09-26 01:00
Core Viewpoint - The court is set to determine if President Trump has the authority to remove Lisa Cook from the Federal Reserve's board, which is perceived by former officials as a potential threat to the independence of the central bank [1] Group 1 - The decision regarding Lisa Cook's position on the Federal Reserve's board is significant for the future governance of the central bank [1] - Former officials express concerns that such a removal could undermine the autonomy of the Federal Reserve [1]