#TrumpVsPowell —

The request of U.S. President Donald Trump to "fire" Federal Reserve Chairman Jerome Powell became known on Thursday as the Supreme Court considers a fast-tracked appeal regarding two independent agencies, which has increasingly turned into an indirect battle for control of the powerful central bank of the country.

A decision on the emergency appeal could allow Trump to exert control over independent agencies while trying to subsume his power into the executive branch, or it could significantly slow down that effort.