Trump's Endless Battle Against Central Bank Independence The latest salvo in the ongoing war between President Donald Trump and Federal Reserve governor Lisa Cook has been fired, figuratively speaking.
The Trump administration is attempting to fire Cook once again, a move that comes on the heels of a narrow Supreme Court decision allowing her to retain her position while she fights the president's effort to terminate her over mortgage fraud allegations.
The Supreme Court's 5 4 ruling in June was seen by many as a rebuke to Trump's attempt to politicize the Federal Reserve.