Trump's Fed Aggression Poses New Legal Test of Presidential Power Move to fire Federal Reserve governor Lisa Cook comes after the Supreme Court signals intention to protect central bank's independence Image: Federal Reserve governor Lisa Cook says she won't resign from the central bank. PHOTO: SAUL LOEB/AGENCE FRANCE-PRESSE/GETTY IMAGES By Jess Bravin Updated Aug 26, 2025 08:11 p.m. ET WSJ news headline 26 August 2025
Are we in a constitutional crisis, yet, or did we skip that part?
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