President Donald Trump informed Lisa Cook on Monday that her time on the Federal Reserve Board of Governors has come to an end.

The Biden-nominated governor did not handle the news well, indicating that she will challenge the president's authority to remove executive branch employees, setting the stage for a legal battle that could end up before the U.S. Supreme Court.

The president's recent successes in similar battles over removals of high-level bureaucrats and his ability to fire Federal Reserve board members "for cause" bodes poorly for Cook, who may soon also face criminal charges.

Quick background

Former President Joe Biden nominated Cook, a race-obsessed economist who served on Barack Obama's Council of Economic Advisers, to join the Federal Reserve's board of governors in Jan

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