Experts Urge Supreme Court to Preserve Fed Independence and Lisa Cook's Position

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Source: CNBC
Experts Urge Supreme Court to Preserve Fed Independence and Lisa Cook's Position
Photo: CNBC
TL;DR Summary

Lawyers for Federal Reserve Governor Lisa Cook argue that the Supreme Court should reject President Trump's attempt to fire her during her lawsuit, asserting that such action would undermine the independence of the Federal Reserve. Trump seeks to lift court orders preventing her removal amid allegations she denies, while former economic officials urge the Court to deny his request.

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