Former Fed Chairs and Officials Urge Supreme Court to Protect Fed Independence Amid Trump Threats

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Source: NJ.com
Former Fed Chairs and Officials Urge Supreme Court to Protect Fed Independence Amid Trump Threats
Photo: NJ.com
TL;DR Summary

Federal Reserve Governor Lisa Cook is appealing to the Supreme Court to prevent President Trump from firing her, arguing that such an action would undermine the Fed's independence and set a dangerous precedent, amid allegations against her that she denies. The case highlights the longstanding tradition of Fed independence and the potential implications of presidential interference.

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