"Will Undermine Federal Reserve Independence": Cook Urges U.S. Supreme Court to Block President from Dismissing Him

According to a report by Jinse Finance, citing CCTV reporters on September 26 local time, Federal Reserve Governor Lisa Cook urged the Supreme Court to prevent U.S. President Trump from dismissing her, stating that such a dismissal would severely undermine the independence of the Federal Reserve and turn it into a "tool of presidential will." According to The Hill, Cook's lawyers stated in submitted documents that if Trump is allowed to dismiss her, it would shake the institutional foundation upon which the U.S. market and economy depend.