Trump wants to clear the way for Powell to be fired, US Supreme Court: Federal Reserve is unique
2025-05-22 22:32:35
The United States Supreme Court ruled Thursday that the Fed is unique among government entities. The court's ruling concerns the cases of leaders of independent agencies removed by Mr. Trump. The court ruled that the officials could still be removed from office until the case is fully heard. But the Fed is different. "The Fed is a quasi-private entity with a unique structure," according to court documents. President Trump has repeatedly criticized Mr. Powell, saying in April that "it's not enough to fire Powell any faster."
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