US Supreme Court considers Trump's bid to fire Fed's Lisa Cook

Core Viewpoint - The U.S. Supreme Court is preparing to evaluate President Donald Trump's attempt to dismiss Federal Reserve Governor Lisa Cook, which raises questions about the extent to which the justices will go to maintain the independence of the central bank [1] Group 1 - The case represents an unprecedented challenge to the authority of the President over the Federal Reserve [1] - The outcome may have significant implications for the future governance and operational independence of the Federal Reserve [1] - The justices' decision could set a precedent regarding the limits of executive power in relation to independent regulatory agencies [1]