What happened

President Donald Trump Thursday asked the Supreme Court for permission to immediately oust Federal Reserve Board Governor Lisa Cook, escalating his unprecedented effort to seize control of the independent U.S. central bank. Trump petitioned Chief Justice John Roberts for an administrative stay that would effectively remove Cook from the Fed board before the full court considered his emergency appeal.

Who said what

Trump’s request sets up a “key test of presidential power with potentially huge economic consequences,” The New York Times said. While the high court’s conservative majority has “repeatedly allowed” Trump to “at least provisionally” fire other nominally independent agency heads without a stated reason, the justices have also “suggested that the Fed may be uniqu

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