The Supreme Court will hear arguments this week on whether President Donald Trump has the authority to remove Lisa Cook from the Federal Reserve’s Board of Governors, a case with broader implications for the central bank’s independence.The dispute stems from accusations by Trump administration officials last year that Cook committed mortgage fraud by misrepresenting her primary residence on loan applications. Trump sought to fire Cook over the allegations, but lower courts have so far blocked the move.A ruling in the White House’s favor could bolster Trump’s broader effort to exert control ove...

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