The nation's most important financial institution has always acted independently. President Trump is trying to change that.

Trump fires Federal Reserve governor Lisa Cook — she says she’s not going anywhere - Cook rejects Trump’s allegations that she may have falsified records for her mortgage and vowed to push back agains

President Donald Trump escalated his ongoing fight against the Federal Reserve with an unprecedented move to fire Fed Governor Lisa Cook, putting the central bank’s independence at risk and setting up a struggle that will play out in courts and financial markets.