Part 3/11:
On August 25th, Trump’s attempt to fire Federal Reserve Governor Lisa Cook marked a new, controversial chapter in this saga. Cook, whose term extends until 2038, was accused of mortgage application discrepancies, prompting Trump to pursue her removal. Cook responded with a lawsuit, alleging that Trump’s actions violated the Fed’s independence—raising the central question: can a sitting U.S. president legally fire individual Fed officials, and under what circumstances?