Supreme Court gives Trump unprecedented power to fire regulators—except Federal Reserve Chair Jerome Powell
The Supreme Court has decided that President Trump’s firings of government agency members will stand as the cases work their way through the lower courts, giving the president unfettered power to oust regulators without good cause. However, the court spared the Federal Reserve in the ruling, writing that the Fed is uniquely situated and unlike other government agencies. Justice Elena Kagan sharply dissented, writing that the court’s ruling was “nothing short of extraordinary.”
Заголовки