Episode
Lev Menand and Nathan Tankus on Why Fed Independence Is Now Hanging by a Thread
Odd Lots · Jul 17, 2026 · 1 h 06 min
Last August, President Trump made the unprecedented choice of moving to fire Fed governor Lisa Cook. The administration claimed she was being terminated with cause, citing an ongoing investigation in alleged mortgage fraud committed by Cook. The legal battle between Cook and the administration has been tangled in the courts for the last year, eventually reaching the Supreme Court. This June, in…