Trump Challenges Federal Reserve Governor Lisa Cook in Supreme Court Battle

Former U.S. President Donald TRUMP has escalated a legal confrontation with Federal Reserve Governor Lisa Cook, filing a challenge in the Supreme Court. The dispute stems from Cook's refusal to resign after Trump demanded her departure, highlighting tensions over the Fed's independence and policy direction.

Cook, a Biden appointee, has championed economic stability and inclusive growth during her tenure. Her resistance underscores the Fed's institutional autonomy amid political pressures. Trump's MOVE reflects his broader critique of current monetary policy, particularly his push for lower interest rates and aggressive economic stimulus.

The case could set precedents for political influence over central banking. Market participants are monitoring for potential Ripple effects across financial markets, though cryptocurrencies remain peripheral to this institutional clash.