Supreme Court skeptical of Trump's attempt to fire Federal Reserve governor

The U.S. Supreme Court heard arguments on President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook. Multiple reports indicate the justices appeared skeptical or reluctant to allow such a removal by presidential fiat.

At issue is whether a president has the unilateral authority to remove a sitting Federal Reserve governor. The case stems from Trump's effort to oust Cook, who was appointed to a 14-year term on the Fed's Board of Governors.