Watch live: Supreme Court takes on Trump’s ability to fire Lisa Cook from Federal Reserve

From USA TODAY.

The Supreme Court on Jan. 21 takes up President Donald Trump’s ability to control the Federal Reserve, a case with potentially major consequences for the nation’s economy.

Trump wants to remove Lisa Cook, a Biden appointee and the first Black woman to serve on the Fed’s seven-member board.

The court is debating how much leeway Trump has to decide for himself whether there’s sufficient reason to remove her and whether Cook must be given a chance to defend herself.