Supreme Court’s Murky Federal Reserve Exception Threatens Presidential Authority

For years, preserving the independence of key government agencies has been touted as a safeguard against political interference. Yet, when it comes to America’s founding principles, how far should this independence stretch—especially when it conflicts with the president's constitutionally granted executive powers?The Supreme Court is now testing this boundary by carving out an unclear exception for the Federal Reserve (Fed), one that challenges long-standing principles of accountability and national sovereignty. While President Donald Trump successfully removed leaders from several independent agencies last year, the high court appears intent on shielding the Fed governor Lisa Cook from removal except for cause—a...