Trump Tries Again to Seize Control of Fed After Supreme Court Rebuke
President Donald Trump is once again trying to exert control over the Federal Reserve after being rebuffed by the Supreme Court in June. The latest move comes less than two months after the high court ruled against Trump's attempt to fire a member of the Fed Board of Governors, which would have allowed him to seize control of the nation's central bank.
The Supreme Court decision was seen as a significant check on executive power and a victory for the independence of the Federal Reserve. However, Trump is now trying again, reportedly seeking to fire the same individual who was at the center of the previous controversy.