Reported about 4 hours ago
Former President Donald Trump has requested the US Supreme Court to allow him to fire Federal Reserve Governor Lisa Cook amid accusations of mortgage fraud, while Cook's lawyers argue that her removal could destabilize the US financial system. The case raises crucial questions about the independence of the Federal Reserve and presidential authority in removing appointed officials. Cook remains in her position after a lower court ruled in her favor, stating that Trump did not provide adequate cause for her removal.
Source: YAHOO