Lisa Cook, the Fed, and the Fight Over Independent Institutions

Interns Isabela Butler (Gonzaga University) and Vanessa Muturi (Williams College) discuss the recent legal battles between Federal Reserve Governor Lisa Cook and President Donald Trump's attempts to remove her from her post and its broader implications for U.S. governance. Isabela and Vanessa unpack the allegations, court rulings, market reactions, and political motivations surrounding the first-ever attempt to oust a Federal Reserve governor. This episode covers why this case matters for monetary policy, institutional norms, and the credibility of the Federal Reserve at a pivotal moment in American politics.