Supreme Court Rules Trump Can’t Fire Dem Member of Fed Reserve—For Now
The Supreme Court has blocked President Trump from firing Federal Reserve Governor Lisa Cook, preserving the central bank’s independence for now. In a 5-4 decision Thursday split across ideological lines, the Supreme Court blocked Trump’s attempt to become the first president to remove a Federal Reserve official since it was created in 1913.Conservative Chief Justice John Roberts and fellow conservative Justice Brett Kavanaugh joined the court’s three liberal justices to rein in Trump.Last Augus...
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