The Federal Reserve is expected to hold interest rates steady on Wednesday, despite relentless attacks from President Trump over borrowing costs.
Category: Supreme Court (US)
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Supreme Court Hearing Reveals Unease Over Threats to Fed Independence
As the justices weighed the consequences of allowing President Trump to fire a Federal Reserve official, the president reprised his pressure campaign on the central bank.
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4 Takeaways from Supreme Court Hearing on Trump’s Firing of Fed Official
The justices were alert to the central bank’s crucial role and wary of issuing a broad ruling based on rushed briefing and incomplete information.
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Supreme Court Considers Trump’s Attempt to Fire Fed Governor Lisa Cook
The justices deferred a decision on the president’s efforts to oust Cook, agreeing to hear arguments on Wednesday instead.
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Federal Reserve Inquiry Clouds Trump’s Supreme Court Bid to Oust Lisa Cook
The court is set to hear Ms. Cook’s case challenging her firing as the Justice Department investigates Jerome H. Powell, the central bank chair.
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Supreme Court Grapples With Louisiana Coastal Lawsuits Against Oil Companies
The justices heard arguments over whether oil companies sued by Louisiana could move the cases from state to federal court, a venue thought to be friendlier to corporate interests.
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Fed’s Independence Faces Critical Tests as Trump Seeks to Remake Institution
The central bank faces two major hurdles early on in 2026 that will determine the extent to which it operates free of political meddling.
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Supreme Court Increasingly Favors the Rich, Economists Say
A new study found that the court’s Republican appointees voted for the wealthier side in cases 70 percent of the time in 2022, up from 45 percent in 1953.
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Trump’s Cuts Hobbled US Labor Board, Leaving Festering Disputes and a Power Struggle
Advocates fear damage to labor protections if the Supreme Court upholds the president’s move to control federal agency staffing.
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Cooling Labor Market and Elevated Inflation Stoke Fed Divisions on Rate Cuts
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.
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Supreme Court Grapples With Whether to Lift Campaign Finance Limits
The dispute before the court involved a Republican effort to lift limits on how much money political parties can spend in coordination with candidates.
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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.