WASHINGTON (AP) — The Supreme Court on Wednesday allowed Lisa Cook to remain as a Federal Reserve governor for now, declining to act on the Trump administration’s effort to immediately remove her from the central bank. In a brief unsigned order, the high court said it would hear arguments in January over Republican President Donald […]

WASHINGTON (AP) — Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties urged the Supreme Court on Thursday to preserve the Federal Reserve’s political independence and allow Lisa Cook to remain as a central bank governor for now. The justices are weighing an emergency appeal from […]

WASHINGTON (AP) — The Supreme Court said Monday it will consider expanding President Donald Trump’s power to shape independent agencies by overturning a nearly century-old decision limiting when presidents can fire board members. In a 6-3 decision, the high court also allowed the Republican president to carry out the firing of Rebecca Slaughter, a Democratic […]

WASHINGTON (AP) — The Trump administration on Thursday asked the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s board of governors. The Republican administration turned to the high court after an appeals court refused to go along with ousting Cook, part of President Donald Trump’s effort to reshape the […]

WASHINGTON (AP) — Chief Justice John Roberts on Monday let President Donald Trump remove a member of the Federal Trade Commission, the latest in a string of high-profile firings allowed for now by Supreme Court. Trump first moved to fire Rebecca Slaughter in the spring, but she sued and lower courts ordered her reinstated because […]

WASHINGTON (AP) — The Trump administration on Thursday asked the Supreme Court to let the president fire a member of the Federal Trade Commission, the latest in a string of emergency appeals over the president’s removal power. President Donald Trump moved to fire Rebecca Slaughter in the spring, but lower courts ordered her reinstated because […]

A federal judge has restored a Democrat to the Federal Trade Commission, ruling that President Donald Trump illegally fired her earlier this year in his efforts to exert control over independent agencies across the government. U.S. District Judge Loren AliKhan ruled late Thursday that federal law protects FTC commissioners from being removed by the president […]