President Trump's unprecedented firing of Federal Reserve governor Lisa Cook has sparked legal challenges and raised untested questions about the limits of presidential authority over the central bank. The decision to remove Cook, who was appointed by Trump's predecessor, has faced backlash from both Democrats and Republicans, with some criticizing the move as an attempt to politicize the independent institution.

A judge has ruled against Trump's attempt to remove Cook, arguing that the president overstepped his authority. The legal fight between Cook and Trump is expected to continue, with both sides gearing up for a prolonged battle in the courts.

The removal of Cook has also raised concerns about the independence of the Federal Reserve and its ability to make decisions without political interference. Cook, an economist and advocate for social justice, has been a vocal critic of the Trump administration's economic policies.

As the legal battle continues, experts are closely watching the implications for the Federal Reserve and its role in shaping monetary policy. The outcome of this fight could have far-reaching consequences for the country's economy.