Story Highlights* Supreme Court Shields Fed Chair Powell from Firing: The Court ruled the Fed is beyond presidential firing power, securing Jerome Powell’s position despite Trump’s past threats.
Ruling Sparks Debate on Agency Power and Politics: While Trump gains leverage over other agencies, dissenters warn of political bias and reduced accountability in Fed operations.
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Supreme Court Says Donald Trump Can’t Fire Fed Chair Jerome Powell
Story Highlights* Supreme Court Shields Fed Chair Powell from Firing: The Court ruled the Fed is beyond presidential firing power, securing Jerome Powell’s position despite Trump’s past threats.