Supreme Court Grants Trump Broad Powers to Fire Agency Leaders, With Exceptions for Federal Reserve
In a significant ruling, the Supreme Court has granted President Trump the authority to fire members of independent agency boards without cause, allowing him to dismiss certain federal officials, including two labor regulators appointed by President Biden. However, the court also established that the Federal Reserve remains insulated from such firings, recognizing its unique status. This ruling has sparked a debate regarding the balance of power within federal agencies, with some justices cautioning that the decision goes against nearly a century of precedent. The implications of this ruling extend to the powers of the president over independent regulatory bodies, while also ensuring the Federal Reserve chair, Jerome Powell, is protected from dismissal.
NPR, CNBC, Fox News, NBC News, CNN, Yahoo Finance, USA Today, The Washington Post, The New York Times, AP News