The Supreme Court is considering a key case on presidential power and the independence of the Federal Reserve

 


The U.S. Supreme Court is preparing to hear arguments in a case of great institutional significance that tests the limits of President Donald Trump's power to remove high-ranking officials from autonomous agencies, particularly Federal Reserve Governor Lisa D. Cook. The litigation opens a fundamental debate about the extent to which the head of the Executive Branch can directly influence the conduct of the country's economic policy and how protected the central bank's independence is from political pressure.

The justices scheduled the hearing for this Wednesday as part of the case known as Trump v. Cook, in which Cook is legally challenging her removal. Cook maintains that her dismissal lacks legal basis and constitutes an attempt to politicize an institution that, by design, must operate autonomously to guarantee financial stability and control inflation.

For his part, President Trump has justified the decision by alleging that Cook engaged in mortgage fraud before being appointed to the Federal Reserve Board of Governors. The governor has categorically rejected these accusations, calling them baseless and politically motivated, and stating that there is no evidence to support them.

Beyond the personal conflict between the two parties, constitutional law experts warn that the ruling could set a far-reaching precedent. If the Court upholds the president's position, it would significantly expand the executive branch's power to remove officials from independent agencies. Conversely, if Cook is found to be in the right, it would reinforce the principle of autonomy for key institutions like the Federal Reserve, considered pillars of the country's economic stability.

The resolution of the case is being closely watched by both financial markets and the political sphere, as it could redefine the delicate balance between presidential power and the independence of the entities responsible for designing and implementing U.S. monetary policy.

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