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Donald Trump asks Supreme Court to let him fire Fed governor Lisa Cook

Governor’s legal team asks court to reject request as her removal ‘would threaten our nation’s economic stability’

Donald Trump has called on the US Supreme Court to allow him to remove Federal Reserve governor Lisa Cook from the central bank while she pursues legal action against the president. 

The president, in an application filed on Thursday, called for judgments that permitted Cook to remain in her job for the time being to be reversed.

If the Supreme Court agrees to take on the case, it could lead to a landmark decision on how independent the world’s most powerful central bank is from the US executive branch.

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