Though the high court affirmed the political independence of the Federal Reserve, it gave the presidency huge control over dozens of federal regulators.
Category: Slaughter, Rebecca
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Supreme Court Struggles With How to Insulate the Federal Reserve From Politics
The president seemed poised for a big Supreme Court win letting him remove officials without cause. But the justices appeared to struggle with how to insulate the Federal Reserve from politics.
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Supreme Court Seems Poised to Give Trump More Power to Fire Independent Officials
A ruling in the president’s favor in the case, which deals with his attempt to remove a member of the Federal Trade Commission, would be a major expansion of presidential authority.
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Supreme Court Allows Trump to Fire F.T.C. Commissioner
The justices said they will consider overruling a landmark Supreme Court precedent that has limited the president’s ability to fire top officials at the agency.