Trump, Jerome Powell and Federal Reserve
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President Trump held a call with Cambodia Prime Minister Hun Manet on Saturday and is planning to speak with Thailand’s acting Prime Minister Phuntham Wechayachai in an effort to broker
President Donald Trump has escalated his pressure campaign against Federal Reserve Chair Jerome Powell, leaving the door open to ousting him for “fraud,” he said last week. That raises questions about what would happen if Trump actually tires to fire the central bank leader.
The Supreme Court on Wednesday said it will allow President Trump to fire three members of the independent Consumer Product Safety Commission.
Former Commerce Secretary Wilbur Ross believes that President Donald Trump attempting to unseat Federal Reserve Chair Jerome Powell would result in a lengthy legal battle and few benefits for the president.
A judge had reinstated three members of the Consumer Product Safety Commission, a federal agency set up by Congress to be independent of political pressure.
The court’s order was the latest in a series of emergency rulings on the scope of the president’s power over independent agencies.
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Mediaite on MSNTrump Rages At Democrats In New Attack As He Jets Away From Epstein-Mania To ScotlandTrump launched a new grenade as he jetted to Scotland amid the uproar over Jeffrey Epstein — ranting about an attack on the "FireAid" concert. The post Trump Rages At Democrats In New Attack As He Jets Away From Epstein-Mania To Scotland first appeared on Mediaite.
President Donald Trump‘s bids to replace a litany of independent agency heads have prompted legal challenges from the Left, which could end up with the Supreme Court revisiting a 90-year-old precedent related to the president’s firing power.