
"The Supreme Court heard arguments on Wednesday in Trump v. Cook, a monumental case testing Donald Trump's ability to fire members of the Federal Reserve. In August, the president sought to fire Fed governor Lisa Cook, a Democrat, over dubious allegations of mortgage fraud. The lower courts reinstated Cook after she sued, which prompted the administration to seek emergency relief from the Supreme Court in September."
""If this were set as a precedent, it seems to me, just thinking big picture, what goes around comes around. All of the current president's appointees would likely be removed for cause on Jan. 20, 2029, if there's a Democratic president. ... Once these tools are unleashed, they are used by both sides and usually more the second time around." And he mentioned the dangers of the government deciding: "Let's find something, anything, about this person" to accuse them of a crime."
The Supreme Court heard arguments in Trump v. Cook testing a president's authority to remove Federal Reserve officials. The president sought to remove Fed governor Lisa Cook in August over allegations of mortgage fraud. Lower courts reinstated Cook after she sued, and the administration sought emergency relief, prompting the Supreme Court to schedule oral argument while leaving Cook in place. A majority of justices appears inclined to rule in Cook's favor, though the exact legal basis remains unclear. Concern arose that a ruling for the president could enable reciprocal removals and incentivize searching for accusations to justify firings.
Read at Slate Magazine
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