Supreme Court Pushes Back on Trump's Bid to Control the Fed
The Supreme Court signaled skepticism about President Trump's attempt to fire Federal Reserve governor Lisa Cook, underscoring the Fed's independence and raising questions about presidential power over independent agencies; legal scholars warn that, even if the court pushes back, it may carve out exceptions for the Fed, with potential economic implications and renewed scrutiny of the unitary executive theory, with a decision expected by June.
