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SCOTUS signals skepticism in allowing Trump's Fed firing to proceed

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2 hours ago

The Supreme Court pressed lawyers for the Trump administration Wednesday over the president's effort to fire Federal Reserve Governor Lisa Cook, a consequential case that could profoundly impact the nation's central bank, and the degree of influence wielded by the commander-in-chief.Justices signaled some degree of wariness towards the arguments made by U.S. Solicitor General D. John Sauer on Wednesday. Sauer spent his time asserting that President Donald Trump has broad discretion to fire Cook from the Fed's board of governors — without notice and largely without the ability for courts to cha...

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2 hours ago
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