Bipartisan group of top officials urges Court to reject Trump’s effort to fire Fed governor

Bipartisan group of top officials urges Court to reject Trump’s effort to fire Fed governor

In a filing with the court, the former officials argued that allowing the removal to proceed would undermine the Fed’s longtime independence from day-to-day politics and lead to higher inflation and a weaker economy. The filing from such an influential group underscores the unpredecented nature of...

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