Donald Trump’s vow to fire Federal Reserve Board Governor Lisa Cook is at the intersection of the Republican president’s efforts to consolidate power and purge diverse voices from the higher ranks of American leadership.

The Fed’s board consists of seven governors, two of which were appointed during Trump’s first term. With Miran already nominated to fill the seat of Adriana Kugler following her resignation, a majority of the Board could be in favor of rate cuts, if Cook were also to be replaced.

Judges may be reluctant to second-guess the president’s claim about what counts as good “cause” for the firing.

Lisa Cook has announced legal action to block the President’s attempt to dismiss her, spotlighting why diverse voices are vital to the nation's financial health.

If the Supreme Court lets Trump replace Cook with a loyalist, he might soon achieve a full-blown takeover of the Federal Reserve.

The bigger risk the analysts are pointing to is structural. As analyst Jim Bianco explained on X, the Fed’s seven governors must reapprove—or veto—all 12 regional Federal Reserve Bank presidents when their five-year terms expire in February 2026.

From the U.S. to El Salvador and back to the U.S., Kilmar Abrego Garcia's deportation status remains uncertain after U.S. District Judge Paula Xinis blocked the Trump administration's attempt to send him to Uganda.