Supreme Court says Fed is unique, easing worries over Trump's ability to fire Powell

[Yo_Mama_Been_Loggin]

A U.S. Supreme Court May 22 ruling in a legal battle over President Donald Trump's firing of two federal labor board members contained a line that eased, for now, worries that the cases could open the door for Trump to fire Federal Reserve Chair Jerome Powell at will.

The court's order allows Trump to keep the two Democratic labor board members sidelined while they challenge the legality of their removal.

Lawyers for Gwynne Wilcox, who was removed from the National Labor Relations Board, and for Cathy Harris, who was dismissed from the Merit Systems Protection Board, had argued that a ruling in favor of the Trump administration could undermine legal protections for Fed policymakers long seen as being insulated from presidential dismissal for reasons other than malfeasance or misconduct.

"We disagree," a majority of justices said in the court's brief, unsigned ruling. "The Federal Reserve is a uniquely structured, quasi-private entity that follows in the distinct historical tradition of the First and Second Banks."

https://www.msn.com/en-us/money/markets/supreme-court-says-fed-is-unique-easing-worries-over-trump-s-ability-to-fire-powell/ar-AA1Fjf2D

[PJMcK]

1. How do I spell BS?

John Roberts' Supreme Court has enabled Trump's destruction of our Democratic Republic.

If he thinks that the Fed is immune from Trump's influence and force, he is as stupid as Trump.

By the way, could someone enlighten me as to the enforcement powers of the Supreme Court? Trump seems to just ignore EVERY court judgement that goes against him. As usual, there are no consequences for his un-Constitutional and illegal behaviors.