Former Fed counsel Scott Alvarez weighs in on Trump vs. Fed Gov. Lisa Cook

• Supreme Court is weighing whether the President can remove a Fed Governor and if 'cause' for removal is solely at the President's discretion.
• The government's argument that the President determines 'cause' and that courts cannot review this decision faced skepticism from several justices.
• Justices also questioned whether the Supreme Court should be deciding this case now, given the lack of lower court factual findings on alleged misconduct.

The discussion centers on the Supreme Court hearing arguments in 'Trump v. Lisa Cook,' a case examining the President's power to remove a Federal Reserve Governor. The government argues the President has broad discretion in defining 'cause' for removal and that courts cannot review such decisions. Justices expressed skepticism, questioning the implications for Fed independence and due process.