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Supreme Court hears case on Trump's attempt to control Federal Reserve

Supreme Court hears case on Trump's attempt to control Federal Reserve

Summary

The Supreme Court is reviewing a case about President Trump's efforts to remove a Federal Reserve governor. This case is part of Trump's broader goal to have more influence over the Federal Reserve.

Key Facts

  • The Supreme Court is hearing a case involving President Trump and the Federal Reserve.
  • The case focuses on Trump's attempt to fire a Federal Reserve governor.
  • President Trump aims to have more control over the Federal Reserve.
  • The Federal Reserve plays an important role in managing the country's money supply and interest rates.
  • The outcome of the case could affect the independence of the Federal Reserve.
  • Experts discussing the case include Amy Howe and David Wessel, who have backgrounds in court analysis and fiscal policy.

Source Information