How fear of a market meltdown may have quietly shaped the Supreme Court’s ruling to protect Fed independence
Manu Raju and the “Inside Politics” panel clarify two Supreme Court choices that prevented President Trump from instantly firing Federal Reserve Gov. Lisa Cook, however expanded his energy to hearth different impartial company officers. “The idea that the Fed is an arm of the president has the power to upend global markets… I think that’s what’s lurking in the back of their heads,” NCS Legal Analyst Elliot Williams says.