Federal Reserve Governor Lisa Cook is resisting the Trump administration's unprecedented attempt to remove her from the Fed board ahead of a critical interest rate vote. After a lower court ruled that Fed governors can only be fired "for cause," which Trump has not established, Cook's lawyers filed to block her ouster, warning that forcing her removal would threaten the independence of the Fed. This challenge comes as economic uncertainty grows, with jobs data suggesting a possible recession risk and intensifying pressure for rate cuts. Meanwhile, the administration has nominated Stephen Miran, viewed as favoring reduced Fed autonomy, adding to turbulence within the central bank's leadership.