US Supreme Court rejects Trump’s unprecedented bid to fire Fed governor Lisa Cook
The US Supreme Court refused on Monday to let Donald Trump fire Federal Reserve Governor Lisa Cook as it stood firm to preserve the central bank’s cherished independence against an unprecedented challenge by the Republican president.
The court, in a 5-4 ruling, blocked Trump’s bid to become the first president to remove a Fed official since Congress created the central bank in 1913.
In his second term as president, Trump has tested the limits of presidential power in numerous other ways as...
Supreme Court Expands Trump’s Firing Power
- Supreme Court Expands Presidential Power to Fire Officials, but Blocks Dismissal of Fed Governor for Now The New York Times —
- Cook Stays At Fed But Trump Wins Power Over Other Agencies Bloomberg —
- US Supreme Court gives Trump the power to fire top officials across the administration – except at the Fed Le Monde —
- Supreme Court rules on presidential firings; Trump announces new Iran talks, more | The Takeout 📹 CBS News — · 45min
- US Supreme Court rejects Trump bid to fire Fed's Cook but expands presidential powers The Korea Herald —