Reported about 11 hours ago
The Supreme Court has distinguished the Federal Reserve from other independent agencies, preventing President Trump from firing its board members while allowing removals at the National Labor Relations Board and the Merit Systems Protection Board to stand amid ongoing legal challenges. The court emphasized the unique structure of the Fed and its historical significance, while affirming the protection for board members' removal only for cause. Despite Trump's attempts to undermine this precedent, Fed Chair Jerome Powell remains secure in his position as legal proceedings unfold.
Source: YAHOO