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Does Trump have power to fire a Fed governor? Legal battle is just starting
President Trump is attempting to fire Federal Reserve governor Lisa Cook, who worked at Michigan State University and is the first Black woman to serve on the board. WWJ's Tony Ortiz spoke with Elliott Stein from Bloomberg Intelligence about if President Trump — or any president — has the authority to terminate a Fed governor.
(Photo: Getty Images/Drew Angerer/Staff)
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By AudacyPresident Trump is attempting to fire Federal Reserve governor Lisa Cook, who worked at Michigan State University and is the first Black woman to serve on the board. WWJ's Tony Ortiz spoke with Elliott Stein from Bloomberg Intelligence about if President Trump — or any president — has the authority to terminate a Fed governor.
(Photo: Getty Images/Drew Angerer/Staff)