President Trump’s effort to oust the Federal Reserve governor has kicked off a landmark legal battle, one that will have far-reaching consequences for the institution’s independence.

President Trump has ordered the removal of the central bank official - we unpack what it all means.

President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs.

If the courts allow Trump to get away with firing Lisa Cook, the Fed will be stripped of its insulation from political pressure.

The president’s move is seen as an attempt to get a loyalist on the Federal Reserve’s influential board.

Federal Reserve Board Governor Lisa Cook hired Abbe Lowell to fight her termination by President Trump for a case that could land at the Supreme Court.

The market reaction was muted after President Trump moved to fire the Federal Reserve governor Lisa Cook. One economist likened the response to a frog in “gently heating” water.

A look at the workings of the Federal Reserve, what it does to keep the economy stable and Lisa Cook's role as governor.

Lawyers for Ms. Cook promised to take legal action one day after the president moved to fire her over allegations of mortgage fraud.

If President Trump succeeds in replacing Lisa Cook, his nominees will make up a majority of the Federal Reserve’s seven-person board.

The Supreme Court has said the Federal Reserve Board’s independence warrants protection. President Trump’s effort to fire a member will test that commitment.

Federal Reserve Governor Lisa Cook filed a lawsuit on Thursday claiming U.S. President Donald Trump has no power to remove her from office.

The Supreme Court is likely to resolve the question of whether President Trump had legal cause to remove the Federal Reserve Board member.

Lisa Cook’s lawsuit contests Trump’s authority to remove her from her post, potentially redefining the Federal Reserve’s independence.

The president has accused Cook of mortgage fraud, and cited constitutional power that he says allows him to fire governors.

The lawsuit comes amid concerns that the US president is trying to sway central bank’s decisions on monetary policy.

Lisa Cook, who has not been charged with a crime, sought to retain her position, arguing her firing was “unprecedented and illegal.”

Fed governor Lisa Cook is seeking a temporary restraining order against the president’s attempt to fire her

President Trump’s effort to oust the Federal Reserve governor has kicked off a landmark legal battle, one that will have far-reaching consequences for the institution’s…

Trump’s bid to oust Fed Governor Lisa Cook faces a legal showdown as she sues to block her removal, escalating the fight over Fed independence.

Lawyers for the administration told a court it should be “highly deferential” to the president when it comes to firing a Federal Reserve governor “for cause.”