Summary
The U.S. Supreme Court is considering a case that could allow President Donald Trump to fire leaders of independent agencies, which might include the Federal Reserve Chair, Jerome Powell. There is ongoing tension between President Trump and Powell over interest rate policies. The court has not yet made a decision, and discussions continue.
Key Facts
- President Trump wants to fire heads of independent agencies and the case is in the U.S. Supreme Court.
- The Supreme Court discussed whether this power could extend to firing Federal Reserve Chair Jerome Powell.
- The case stems from President Trump firing FTC commissioner Rebecca Slaughter before her term ended.
- President Trump and Jerome Powell have disagreements about lowering interest rates.
- A ruling from May 2025 suggested the president's relationship with the Federal Reserve is unique and may not allow Trump to fire Powell easily.
- Some Supreme Court justices have different views on presidential powers over independent agencies.
- Powell said he might face criminal charges related to a budget issue in a Federal Reserve project.
- The Supreme Court has not reached a decision, and it may be months before they do.
