Justices Probe Trump’s Power Over Independent Fed Governors
TL;DR Summary
The Supreme Court signaled skepticism toward President Trump's bid to abruptly fire Federal Reserve board member Lisa Cook without a formal hearing, underscoring the Fed's independence and raising questions about the scope of presidential removal power and the need for due process. The case could redefine how courts review attempts to remove Fed governors, with justices debating whether removal requires 'for cause' justification or more due process than Cook received.
- Supreme Court casts doubt on Trump’s power to fire Fed official without proper review Politico
- A rare filing in the Lisa Cook–Trump case could sway Supreme Court justices Fox News
- Supreme Court conservatives have downplayed Trump’s conduct. The Fed case may change that CNN
- Lisa Cook’s job at the Federal Reserve looks safe The Economist
- Opinion | Brett Kavanaugh reminds Republicans: What goes around comes around The Washington Post
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