Trump's attempt to oust Fed Governor Lisa Cook sparks concern over the central bank's independence.

President Trump's attempt to remove Federal Reserve Governor Lisa Cook has reignited debates about the central bank's independence. Critics argue that such actions could undermine the Fed's ability to make unbiased monetary decisions, potentially leading to higher inflation and economic instability. The Fed's independence is crucial for maintaining stable inflation and economic growth, and Trump's push to influence it raises concerns about long-term economic health.