Set for January 21! The U.S. Supreme Court will hold a hearing on the case of Federal Reserve Board Governor Cook
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The U.S. Supreme Court will hold oral arguments on January 21 regarding President Trump's dismissal of Federal Reserve Board member Lisa Cook. The case involves the independence of the central bank, with the controversy centered on whether Trump can legally dismiss Cook under unclear legal grounds. Cook has remained in office since August, and Trump has accused her of loan fraud. The Supreme Court will also review an FTC case that could impact this case; if the 1935 ruling is overturned, it may enhance the president's power to dismiss heads of independent agencies
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