WASHINGTON (AP) — Over the past year, the Supreme Court has repeatedly allowed President Donald Trump to fire the heads of independent agencies, but it appears to be drawing a line with the Federal Reserve. The court has signaled for months that it sees the Fed in a different light. It said the president can … Read more
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
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