A major legal showdown is brewing. President Trump's move to remove Federal Reserve Governor Lisa Cook is heading to the US Supreme Court, signaling a major clash over central bank independence and leadership authority.

This case carries weight beyond DC politics. The Federal Reserve's composition and policy direction directly influence interest rates, inflation expectations, and broader financial markets—including cryptocurrency prices. How the Supreme Court rules could reshape the Fed's governance structure and potentially affect its monetary policy stance going forward.

The dispute centers on whether a president has the authority to dismiss a sitting Fed governor and what limits, if any, exist on that power. It's a fundamental question about executive power versus institutional independence that hasn't been clearly resolved at this level before.

Market participants are watching closely. Any shift in Fed leadership or policy direction typically sends ripples across all asset classes, from equities to crypto. The outcome could influence how aggressively or conservatively the central bank approaches future policy decisions.