governor Fed

The US Supreme Court seems reluctant to let Trump fire Lisa Cook from the Fed

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The US Supreme Court seems reluctant to let Trump fire Lisa Cook from the Fed

By Andrew Chung, John Kruzel and David Lawder WASHINGTON, Jan 21 (Reuters) – Conservative and liberal justices on the U.S. Supreme Court on Wednesday expressed skepticism about President Donald Trump’s bid to oust Federal Reserve Governor Lisa Cook in a case where the central bank’s independence is at stake. During about two hours of arguments … Read more

Will the Supreme Court continue to protect the Federal Reserve from Donald Trump?

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Will the Supreme Court continue to protect the Federal Reserve from Donald Trump?

In the end, the Supreme Court’s landmark case over whether President Donald Trump can temporarily fire members of the Federal Reserve can be boiled down to a single 26-word sentence. After repeatedly allowing Trump to remove the leaders of other independent agencies, the conservative court appeared to draw a line around the central bank in … Read more