That action, Cook & her lawyers argue, violated her rights under the #US #Constitution's #FifthAmendment, which provides that no person may be "deprived of life, liberty or property without #DueProcess of #law."

The case, which could imperil the #independence of the world's most important #CentralBank, tests whether #Trump had adequate " #cause" under #federal law to remove Cook. But it also is a ‌fight over whether the way Trump sought to oust Cook was fair.

#SCOTUS #economy #FederalReserve

That action, Cook & her lawyers argue, violated her rights under the #US #Constitution's #FifthAmendment, which provides that no person may be "deprived of life, liberty or property without #DueProcess of #law."

The case, which could imperil the #independence of the world's most important #CentralBank, tests whether #Trump had adequate " #cause" under #federal law to remove Cook. But it also is a ‌fight over whether the way Trump sought to oust Cook was fair.

#SCOTUS #economy #FederalReserve