Lisa Cook argues firing would transform Fed into 'body subservient to the President’s will'

The HillFriday, September 26, 2025 at 4:03:50 PM
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Lisa Cook argues firing would transform Fed into 'body subservient to the President’s will'
Lisa Cook, a member of the Federal Reserve board, is urging the Supreme Court to allow her to remain in her position amid a lawsuit against President Trump's attempt to fire her. She argues that her removal would undermine the independence of the Federal Reserve, a crucial institution for economic stability. This case is significant as it raises questions about the balance of power between the presidency and the central bank, potentially impacting monetary policy and economic governance.
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