The Supreme Court appeared skeptical Wednesday of Donald Trump's firing of Federal Reserve Governor Lisa Cook. Justices across the political spectrum questioned the move, raising concerns about due process and the Fed's independence. Trump removed Cook in August, alleging mortgage fraud, which she denied.

Cook argued she lacked due process to refute the claims. Justice Kavanaugh, a Trump appointee, questioned the administration's interpretation of the law. He warned it could "weaken, if not shatter, the independence of the Federal Reserve."

The case hinges on whether Trump had "cause" to remove Cook, as required by law. The court's hesitation suggests a potential setback for Trump. The decision could have implications for the central bank's autonomy and financial markets.

The Federal Reserve, established to be independent, manages monetary policy. This case challenges the extent of presidential power over the Fed. The Supreme Court's decision is pending.