Ex-Fed and Treasury chiefs urge Supreme Court not to let Trump fire Cook
PositiveFinancial Markets

In a significant move, former Federal Reserve and Treasury officials are urging the Supreme Court to prevent former President Trump from firing the current head of the Federal Reserve, Jerome Powell. This appeal highlights the importance of maintaining the independence of the Federal Reserve, especially in times of economic uncertainty. The outcome of this case could set a precedent for the relationship between the executive branch and financial institutions, ensuring that monetary policy remains insulated from political pressures.
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