Court Signals Shield for Fed Independence Against Presidential Removal Power
TL;DR Summary
During oral arguments, the Supreme Court signaled skepticism of Trump’s authority to remove Fed governor Lisa Cook and pressed the administration on due-process and judicial review, suggesting protection for Federal Reserve independence; with Powell’s attendance underscoring the stakes, a fast ruling could shape the scope of presidential removal power and the Fed’s autonomy.
- Takeaways: Supreme Court signals it will defy Trump to keep Lisa Cook on Federal Reserve CNN
- Opinion | Brett Kavanaugh reminds Republicans: What goes around comes around The Washington Post
- Skeptical Supreme Court justices look poised to protect Fed independence Yahoo Finance
- Brett Kavanaugh Delivered the Most Chilling Warning About Trump’s Attack on the Fed Slate
- Supreme Court Hearing Reveals Unease Over Threats to Fed Independence The New York Times
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