Supreme Court weighs Trump's bid to oust a Fed governor, testing independence
TL;DR Summary
The Supreme Court is hearing President Trump's bid to remove Federal Reserve Governor Lisa Cook, a test of whether the president can fire Fed officials for ‘cause’ without a hearing and how independent the central bank remains as scrutiny surrounding Powell and Fed policy continues.
Topics:business#donald-trump#fed-independence#federal-reserve#monetary-policy#politics#supreme-court
- Supreme Court considers Trump's attempt to fire the Fed's Lisa Cook NBC News
- Opinion | Has the Supreme Court Backed Itself Into a Corner? The New York Times
- It’s showdown time for the Fed's independence at the Supreme Court NPR
- The Fed is headed to court today. Its independence is at stake CNN
- Trump’s Power Over Fed Tested as Supreme Court Hears Cook Case Bloomberg.com
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