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'Long-term consequences' of Fed not being independent 'are quite severe': Fmr. Fed Gov. - MS NOW Reports
The Supreme Court heard arguments today over Fed Governor Lisa Cook's firing. The case pits Trump's power against the independence of the Federal Reserve. Former Federal Reserve Governor Sarah Bloom Raskin joins Chris Jansing to explain why the independence of the central bank is so important for market credibility. - Aired on 01/21/2026.