Lawyers for former federal officials have cautioned the Supreme Court that removing Federal Reserve Governor Lisa Cook could subject the nation’s central bank to damaging political pressures. This warning highlights deep concerns about the Federal Reserve’s independence and the broader implications for U.S. monetary policy.

President Donald Trump has appealed to the Supreme Court to uphold his decision to remove Federal Reserve Governor Lisa Cook from her role. The request underscores a larger debate on the extent of presidential authority over an institution that holds sway over the country’s interest rates.

President Donald Trump is asking the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s Board of Governors. After an appeals court declined to support his request, Trump has taken his legal battle to the nation’s highest judicial body.

A fresh effort to remove Federal Reserve Governor Lisa Cook is unfolding just as the central bank readies a pivotal interest rate decision. In a Sunday court filing, government lawyers underscore the president’s sole authority over determining Cook’s fitness to serve on the Federal Reserve.

Federal Reserve Governor Lisa Cook is challenging former President Donald Trump’s efforts to remove her from office over allegations of mortgage misrepresentation. Newly surfaced documents show Cook labeled her Atlanta condominium as a “vacation home,” calling into question claims that she portrayed the property as her primary residence.

A federal judge has halted former President Donald Trump’s effort to fire Federal Reserve Governor Lisa Cook, allowing her to remain in her post while her lawsuit challenging the move proceeds. Multiple outlets report parallel legal developments, including inquiries by the Department of Justice.

A U.S. judge has temporarily stopped former President Donald Trump from ousting Federal Reserve Governor Lisa Cook. The decision ensures that Cook retains her position while her legal challenge unfolds in court.

Former President Donald Trump has accused Federal Reserve Board Governor Lisa Cook of filing two mortgage applications within two weeks, each claiming a different “primary residence.” In a letter posted online, Trump calls her alleged actions “inconceivable” and demands her removal from her role on the Board.

Global markets wavered sharply after President Donald Trump said he was firing Federal Reserve Governor Lisa Cook. The announcement arrived following Wall Street’s trading session on Monday, reversing some of the market’s previous gains.

In a major turn of events, President Donald Trump announced he had removed Lisa Cook from her position as a Federal Reserve governor. Investors reacted swiftly, with U.S. Treasury yields mostly moving higher while stock futures dipped ahead of the opening bell.