Reported 2 days ago
President Trump is seeking to remove Federal Reserve Chair Jerome Powell, raising questions about the legality of such an action, which could be clarified by the Supreme Court. Trump has filed an emergency petition related to the dismissal of heads of independent agencies, challenging a long-standing precedent that limits presidential removals. Legal experts are divided on whether Trump would succeed, as the Supreme Court has historically ruled on the powers of the president in these matters, suggesting a cautious approach to expanding such authority.
Source: YAHOO