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Kavanaugh warns Trump case could 'shatter' Federal Reserve independence in Supreme Court hearing

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1 hour ago

Justice Brett Kavanaugh voiced concern during oral arguments on Wednesday that a Supreme Court case involving Federal Reserve Governor Lisa Cook could erode the central bank's independence if the justices were to side with President Donald Trump in it.Kavanaugh asked Solicitor General John Sauer, who argued on behalf of the administration, about his position that Trump alone can decide what "cause" means when firing a Federal Reserve governor."That’s your position, no judicial review, no process required, no remedy available," Kavanaugh said, describing it as a "very low bar for cause that the...

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