US supreme court to consider Trump’s bid to fire Lisa Cook from Fed board

Case will test the limit of Trump’s powers as he continues extraordinary campaign for control over central bankThe US supreme court will hear oral arguments over Donald Trump’s bid to fire a Federal Reserve governor on Wednesday morning, as his administration continues its extraordinary campaign for control over the central bank.The US president tried to fire Lisa Cook in August over apparent discrepancies on mortgage applications Trump’s officials claim are evidence of fraud. Continue reading...