Supreme Court expands presidential power – but keeps the Fed off-limits


The U.S. Supreme Court on Monday issued two landmark decisions that protected one agency’s independence from the president while stripping that protection from roughly two dozen other executive branch agencies.

Neither of the rulings in Trump v. Cook and Trump v. Slaughter surprised court-watchers, but both represent significant decisions in the context of President Donald Trump’s efforts to push the boundaries of presidential power.

In Cook – a 5-4 decision – the court held that Mr. Trump’s firing of Lisa Cook, a member of the Federal Reserve Board of Governors, “for cause” can be paused while it is reviewed by lower courts. The decision is being interpreted as a victory for the notion that the central bank should be kept independent from the direct influence of the president.

Why We Wrote This

In a pair of rulings, the court expanded the president’s ability to fire officials at agencies with purview over things like nuclear technology and consumer safety, while preserving the independence of the Federal Reserve.

In Slaughter – a 6-3 decision – the court held that Mr. Trump’s firing of Rebecca Slaughter, a leader of the Federal Trade Commission (FTC), without cause was lawful. In doing so, the court struck down a nearly century-old precedent protecting the leaders of independent executive branch agencies from at-will removal by the president.

In sum, the two decisions – both written by Chief Justice John Roberts – transform the limits of the president’s removal power while preserving, for now, the status quo in U.S. monetary policy.

“This is entirely a ‘unitary executive theory’ decision, except for … the Federal Reserve,” says Gillian Metzger, a professor at Columbia Law School. “The court recognizes how disruptive to the economy it would be to get rid of the independence of the central bank,” she adds. “So they’re tempering their argument for that context.”



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