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US supreme court rules Trump’s firing of Lisa Cook from Fed was unconstitutional

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Justices find president does not have constitutional authority to fire Federal Reserve governor without causeUS supreme court decisions – live updatesSign up for the Breaking News US emailThe US supreme court has ruled that Donald Trump’s firing of a Federal Reserve governor was unconstitutional, in a landmark ruling that limits a president’s authority over the central bank. In its opinion, the court said that Trump does not have the constitutional authority to fire a Fed governor without cause.

Justices find president does not have constitutional authority to fire Federal Reserve governor without cause

The US supreme court has ruled that Donald Trump’s firing of a Federal Reserve governor was unconstitutional, in a landmark ruling that limits a president’s authority over the central bank.

In its opinion, the court said that Trump does not have the constitutional authority to fire a Fed governor without cause.

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Originally published by The Guardian World Read original →