In twin rulings, the Supreme Court affirmed the Fed’s independence and said its leaders could not be fired at will, but said President Trump could fire other independent regulators for any reason.
President Trump promised to “take appropriate action immediately” against Lisa Cook, the Fed governor he had tried to fire, even as the court affirmed that Fed officials can be fired only for cause.
The Supreme Court ruled on Monday that state laws allowing ballots to arrive after Election Day are legal. The decision is the latest in a series of setbacks for President Trump’s efforts to regulate elections.
The clash reflects increasing skepticism of the Office of the Director of National Intelligence, which has been willing to pursue President Trump’s priorities.