The Supreme Court signaled it is unlikely to let Trump remove Fed Governor Lisa Cook, with justices across the ideological spectrum warning that such a move could hurt the central bank’s independence

The Supreme Court signaled it is unlikely to let Trump remove Fed Governor Lisa Cook, with justices across the ideological spectrum warning that such a move could hurt the central bank’s independence

WASHINGTON >> Conservative and liberal U.S. Supreme Court justices signaled skepticism today toward President Donald Trump’s bid to fire Federal Reserve Governor Lisa Cook in a case with the central bank’s independence at stake.

Jan. 21 (UPI) -- The U.S. Supreme Court will hear oral arguments on Wednesday over President Donald Trump's attempt to fire the governor of the Federal Reserve board Lisa Cook.

The Supreme Court appears ready to shield the Federal Reserve from presidential interference after justices from across the ideological spectrum questioned President Donald Trump's attempt to remove Fed Governor Lisa Cook in a case closely watched by financial markets.

Daijiworld Media Network - Washington Washington, Jan 21: Conservative and liberal justices of the US Supreme Court on Wednesday appeared sceptical of President Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook, raising serious concerns about the central bank’s independence and the wider economic.....

The Supreme Court on Wednesday seemed inclined to keep Federal Reserve governor Lisa Cook in her job, casting doubt on President Donald Trump’s bid to wrest control of the nation's central bank. The justices heard arguments over Trump’s effort to fire Cook based on allegations she committed mortgage fraud, which…

During arguments, key justices appeared concerned that the president’s efforts to oust Lisa Cook could imperil the central bank’s independence.

As the justices weighed the consequences of allowing President Trump to fire a Federal Reserve official, the president reprised his pressure campaign on the central bank.

Lisa Cook, the first Black woman to serve on the powerful Federal Reserve Board of Governors, has found herself in the spotlight as US President Donald Trump steps up pressure on the central bank.

Supreme Court weighs whether Trump has broad authority to fire Federal Reserve Governor Lisa Cook, who Trump alleges committed mortgage fraud but hasn't been charged.

It took a while for Justice Brett Kavanaugh to weigh in on Lisa Cook, but once he did he uttered a familiar phrase: "What goes around comes around."

The constitutional answer in the Trump v. Cook case isn't an expansive judicial review of the president's removal decisions. It's trusting the Senate to do the job the framers assigned it. | Economy