High Court Makes High-Stakes Ruling in Federal Reserve Case
The Supreme Court held in a 5‑4 ruling that the president can’t fire members of the Federal Reserve Board of Governors without cause while litigation continues. The majority held…
Written byFred LucasSource: The Daily Signal
The Supreme Court held in a 5‑4 ruling that the president can’t fire members of the Federal Reserve Board of Governors without cause while litigation continues. The majority held that President Donald Trump’s attempted firing of Federal Reserve Board Governor Lisa Cook violated the statutory requirement that the removal be for cause only. The justices...