Supreme Court Blocks Trump’s Bid to Fire Fed Chair Powell

In a significant ruling that provides clarity on the balance of power in American governance, the Supreme Court has ruled against President Donald Trump’s attempt to remove Federal Reserve Chairman Jerome Powell. The court declared that the Fed is immune from presidential dismissal, even as it acknowledged his authority to dismantle leadership within other independent federal agencies like the NLRB and MSPB. This decision grants Powell a layer of protection from political influence and establishes a crucial precedent for the independence of America’s financial system.