WASHINGTON — The Trump administration asked the Supreme Court on Thursday for an emergency order to remove Lisa Cook from the Federal Reserve's board of governors.
The Republican administration turned to the high court after an appeals court refused to go along with ousting Cook, part of President Donald Trump's effort to reshape the Fed's seven-member governing board and strike a blow at its independence.
The White House campaign to unseat Cook marks an unprecedented bid to reshape the Fed board, which was designed to be largely independent from day-to-day politics.
No president has fired a sitting Fed governor in the agency's 112year history.
Cook, who was appointed to the Fed's board by President Joe Biden, a Democrat, says she won't leave her post and won't be "bullied" by Trump.