Every living Fed chair and Treasury secretaries unite against Trump's bid to fire Lisa Cook, warning of economic instability in rare Supreme Court filing.

Mortgage rates, retirement savings and the global economy are all on the line as the Supreme Court considers whether President Donald Trump has the power to fire board members of the Federal Reserve.

The Supreme Court has repeatedly allowed President Trump to fire leaders of independent agencies. Barron Trump may have saved woman’s life by calling British police during an alleged assault, court hears When will the worst of the winter storm hit my area?

The Supreme Court has signaled deep unease with President Donald Trump's attempt to oust Federal Reserve governor Lisa Cook midterm, a move that would give the White House sweeping leverage over interest rate policy.

The Supreme Court for the past year has repeatedly allowed President Donald Trump to fire heads of independent agencies, but it appears to be drawing a line with the Federal Reserve. The court has signaled for months that it sees the Fed in a different light.

Fed Governor Lisa Cook's job seemed safe from firing by President Trump after Supreme Court justices skeptically questioned the Trump administration's lawyers on Wednesday about the grounds for Cook's would-be termination and its effect on the Fed's historical independence.

Supreme Court justices seem poised to block President Donald Trump’s attempt to remove Fed Governor Lisa Cook for cause. The case centers on preserving Fed independence from presidential political influence and interference.

Updated at 3:45 p.m. on Jan. 21 The Supreme Court on Wednesday appeared likely to leave Lisa Cook, a member of the Federal Reserve’s Board of Governors, on the job […]