Morning Report is The Hill's a.m. newsletter. Subscribe here.
In today's issue:
▪ Fed drama lands in court
▪ Meet the next MAGA generation
▪ Trump yanks funding for wind projects
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President Trump is expected to get his wish on lower interest rates within weeks, but his brass-knuckled battle with the Federal Reserve will likely drag on much longer.
The president signaled Tuesday he is not backing off his decision to fire Federal Reserve board governor Lisa Cook, who has refused to step down from her position after Trump announced her firing the day prior.
The economist is challenging Trump's move in court, seeking a judicial green light to continue in her Senate-confirmed position until the end of her term in 2038. The Fed