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🚨US #SUPREME COURT FIGHT MAY SHAPE $TRUMP ABILITY TO #FIRE FED CHAIR
🔹Supreme Court weighs Trump’s firings of Biden appointees to labor boards (Harris & Wilcox), despite legal job protections.
🔹Case revives 1935 Humphrey's Executor precedent on limits to presidential removals.
🔹Fed Chair Jerome Powell, also protected from at-will removal, is watching closely.
🔹Trump has publicly criticized Powell, sparking concerns about Fed independence.
🔹Legal experts warn that a ruling in Trump’s favor could threaten Fed's autonomy—unless SCOTUS carves out an exception.
🔹Some fear court may use personal policy preferences if it shields Fed but not other agencies.
- Reuters$ETH
$BTC
🔹Supreme Court weighs Trump’s firings of Biden appointees to labor boards (Harris & Wilcox), despite legal job protections.
🔹Case revives 1935 Humphrey's Executor precedent on limits to presidential removals.
🔹Fed Chair Jerome Powell, also protected from at-will removal, is watching closely.
🔹Trump has publicly criticized Powell, sparking concerns about Fed independence.
🔹Legal experts warn that a ruling in Trump’s favor could threaten Fed's autonomy—unless SCOTUS carves out an exception.
🔹Some fear court may use personal policy preferences if it shields Fed but not other agencies.
- Reuters$ETH
$BTC
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