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President Trump threatened to take "immediate action" against Federal Reserve Governor Lisa D. Cook, days after a federal court blocked his attempt to fire two FTC officials. The move escalates White House pressure on independent agencies and raises fresh uncertainty about Fed independence.
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
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President Trump threatened to take "immediate action" against Federal Reserve Governor Lisa D. Cook, days after a federal court blocked his attempt to fire two FTC officials. The move escalates White House pressure on independent agencies and raises fresh uncertainty about Fed independence.
1mo ago · 3 min · Policy & Government
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
1mo ago · 3 min · Policy & Government
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