One Woman’s Refuse: the Ordeal of Lisa Cook

Photograph Source: Federal Reserve – Public Domain

The Supreme Court recently heard arguments that could reshape the global financial system. The case asks a deceptively simple question: Can the president fire Dr. Lisa Cook, a member of the Federal Reserve Board of Governors, before the end of her term?

But everyone watching knows the real question: Can Trump also fire Federal Reserve Chairman Jerome Powell — and, by doing so, end the Fed’s independence?

Dr. Cook, the first...