White House Plans to Ask Supreme Court to Let Trump Oust Cook

The Trump administration intends to ask the US Supreme Court to let the president oust Federal Reserve Governor Lisa Cook, according to a White House official — ratcheting up a legal fight with major implications for the US central bank.

The official, who requested anonymity to discuss legal strategy, did not know exactly when the Justice Department would file papers taking the fight over firing Cook to the Supreme Court. There was no public indication that the government’s lawyers had asked the justices to intervene before the Fed met on Tuesday.