Whether President Donald Trump can wrest control of the Federal Reserve is an open, century-old legal question about the president’s power and the ostensible independence of the central bank. But in testing the bounds of the executive branch’s legal power over monetary policy , Trump may very well find that he has pushed its economic power to its limits.

The big question circling Washington, D.C., this week is whether Trump can fire Lisa Cook from her 18-year term as a governor of the Federal Reserve.

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