Lev Menand on Trump's Attempt to Fire the Fed's Lisa Cook

In this emergency episode of the Odd Lots podcast, Tracy Alloway and Joe Weisenthal discuss President Trump's intention to fire Lisa Cook from the Federal Reserve Board and the implications for central bank independence. They interview Lev Menand, a professor at Columbia Law School, who explains the legal precedents, the definition of "for cause," and the potential consequences of the firing. The discussion covers the accusations against Lisa Cook, the legal arguments, and the broader implications for the rule of law and the separation of powers. They also explore the Trump administration's motives for controlling the Federal Reserve and the potential for a boom-and-bust economy.