Source: United States & Canada – South China Morning PostUS President Donald Trump’s administration asked the US Supreme Court on Thursday to let him move ahead with firing Federal Reserve Governor Lisa Cook – a move without precedent since the central bank’s founding in 1913 – in a legal battle that imperils the Fed’s independence.
The Justice Department asked the justices to lift US District Judge Jia Cobb’s September 9 order temporarily blocking the Republican president from removing Cook, an appointee of Democratic former US president Joe…Read More