US Supreme Court declines US President Trump's action to remove Fed's Cook; in a 5-4 vote

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

US FHFA Director Pulte remains of the view that Fed's Cook will be indicted for mortgage fraud

US Supreme Court expands US President Trump's power to fire FTC members

US Supreme Court declines US President Trump's action to remove Fed's Cook; in a 5-4 vote

Qatar's Transport Ministry advises temporary suspension of sailing and all forms of maritime activities until further notice

US Supreme Court declines to hear US President Trump's appeal on the jury's finding that he sexually abused E. Jean Carroll

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • "Under the Court’s precedents, Cook was entitled to notice and some opportunity to respond before her termination"
  • "The protection from removal enjoyed by Governors of the Federal Reserve is consistent with the Constitution"
  • "The Court rejects the Government’s halfhearted contention that Cook in fact received due process. At minimum, Cook was entitled to some explanation of the evidence at issue, some avenue for a response, and a deadline by which a response would be due"
  • "To accept any one of [the Trump administration's] arguments would in effect transform the Federal Reserve’s for-cause protection into at-will employment—an interpretive leap out of step with the statute Congress enacted and our Nation’s tradition of central banking protected from political interference. We therefore deny the Government’s application."

Related headlines

The whole workspace, free to try.

Try it free