WASHINGTON (Reuters) -- The US Supreme Court signaled four months into Donald Trump's second presidential term last year its interest in shielding the Federal Reserve from political interference. When the justices on Wednesday consider the legality of his bid to fire Fed Gov. Lisa Cook, their willingness to preserve the US central bank's independence will be put to the test.
With control over US monetary policy at stake, the legal battle over Trump's attempt to remove Cook marks the second case involving an action by the Republican president of vast economic significance to reach the Supreme Court during its current term, which began in October.
The court, which has a 6-3 conservative majority, heard arguments in November concerning Trump's sweeping global tariffs, with justices indicating skepticism over the lawfulness of these import taxes on nearly every US trading partner imposed unde
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