The Supreme Court ruled that Trump can fire federal agency officials, but the Federal Reserve is not affected

According to reports, the Supreme Court recently ruled in the case of 'Trump v. Wilcox', allowing President Trump to dismiss two Democratic officials from the National Labor Relations Board (NLRB) and the Merit Systems Protection Board (MSPB). This signifies that the president can exercise executive power to fire officials, even if the reasons for dismissal are unlawful. However, the court also pointed out that this ruling does not apply to the Federal Reserve, as it has the characteristics of a 'structurally unique quasi-private entity', thus the position of Federal Reserve Chairman Powell is not affected.