President Trump has made no secret of his desire to reshape the top ranks of the Federal Reserve’s Board of Governors. Now, his attempt to fire Lisa Cook has laid bare the erosion of the Fed’s independence, which could lead to economic consequences for Americans, our chief economics correspondent explains. Video by Ben Casselman, Melanie Bencosme, June Kim, Gabriel Blanco and Jon Hazell/The New York Times #federalreserve #fed #trump