Supreme Court Shields Fed
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The Supreme Court went out of its way to note in an unrelated ruling Thursday that President Donald Trump cannot legally remove Federal Reserve Chair Jerome Powell. In a decision that did allow Trump to fire two members of independent federal labor boards, the high court said that the Federal Reserve, on the other hand, holds a different status.
Supreme Court opinion says decision would not necessarily ... could open the door for Trump to fire Federal Reserve Chair Jerome Powell at will. The court's order allows Trump to keep the two ...