The U.S. Supreme Court heard arguments today in a landmark legal battle centered on President Trump's efforts to shape the Federal Reserve in his image.

Our justice correspondent, Ali Rogan, has more on the case that could threaten the independence of the nation's central bank.

Ali?

Jeff, you may recall it was a key moment in the president's standoff with the Federal Reserve.

Back in August, President Trump posted on his social media platform that he was firing one

of the central bank's governors, Lisa Cook, alleging she'd committed mortgage fraud.

But Cook, who was appointed by President Biden, sued Trump to block her removal, claiming

her firing was illegal, and lower

courts have blocked her dismissal.

A majority of the justices had tough questions today for Solicitor General John Sauer,

expressing skepticism about the rushed nature of the case and Cook's lack of recourse.

Is there any reason why this whole matter had to be handled by everybody, by the executive

branch, by the district court, by the D.C. Circuit in such a hurried manner?

Was Ms. Cook given the opportunity in some sort of formal proceeding to contest that evidence

or explain it? Not a formal proceeding. She was given an opportunity in public sort of formal proceeding to contest that evidence or explain it?

Not a formal proceeding. She was given an opportunity in public because she was notified.

In the world? Like she was supposed to post about it and that was the opportunity to be heard.

The case comes as the Trump administration has moved to exert greater control over the Federal Reserve.

This month, the Justice Department opened a criminal investigation into Chairman Jerome Powell

over comments he made to Congress about a building project.

For analysis on today's argument, we're joined now by NewsHour Supreme Court analyst and

SCOTUS blog co-founder Amy Howe and David Wessel, director at the Hutchins Center on Fiscal and Monetary Policy

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