US President Donald Trump's year-long fight to exert greater control over the Federal Reserve will arrive at an unlikely destination: the Supreme Court.
Justices on the US high court on Wednesday are scheduled to hear arguments over Mr Trump's effort to fire Lisa Cook, one of the seven members on the Federal Reserve's Board of Governors.
In an unprecedented move last year, Mr Trump tried to sack Ms Cook, claiming she had engaged in mortgage fraud. Ms Cook has not been charged with any crime and denies the allegations.
If the Supreme Court sides with Mr Trump, it could give the President more influence over the Fed and, consequently, setting its benchmark interest rates.
Defining moment
The Federal Reserve Act of 1935 states a Fed official can only be fired “for
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