The legality of Trump’s push to fire Fed governor Lisa Cook was already one of the biggest issues of the court’s term. A probe into Chair Jerome H. Powell has raised the stakes.

The justices are due to hear arguments over Trump's request to lift a lower court judge's ​decision barring him from firing Cook while her legal challenge to the removal continues. The justices in October agreed to hear the dispute,

Federal Reserve Gov. Lisa Cook was at the center of Donald Trump's pressure campaign until Jerome Powell said he was under investigation.

The Supreme Court will on Wednesday hear arguments over Donald Trump’s bid to fire Federal Reserve governor Lisa Cook, in a case with far-reaching implications for US central bank independence. The hearing comes after Trump moved to fire Cook in August over accusations she committed mortgage fraud,

Months after President Donald Trump attempted to fire Federal Reserve Governor Lisa Cook over unproven mortgage fraud allegations, the case will get a hearing before the Supreme Court.

The landmark case pits Trump against Fed governor Lisa Cook, a Democratic-appointee, whom the president attempted to fire for cause in August, he said, after members of his administration raised unproven allegations of mortgage fraud prior to her taking office.

The Supreme Court is set to convene Wednesday to consider President Trump's bid to remove Lisa Cook from her post on the Federal Reserve Board of Governors, a case that could have significant ramifications for the independence of the central bank.

Supreme Court to decide if Trump can fire Fed governor Lisa Cook over alleged mortgage fraud. Case could reshape Federal Reserve independence nationwide.