NewsHK
The Federal Reserve's institutional independence is under renewed pressure.
President Donald Trump has revived his threat to fire Fed governor Lisa Cook, a move that comes after the Supreme Court ruled in June that she could remain in her position while the underlying case is resolved.
The legal position The June Supreme Court ruling gave Cook a working foothold on the board.
The court determined she could stay in her seat as a policymaker while the proceedings continue, temporarily shielding her from executive removal.
Keep reading