Supreme Court doesn't rule on tariffs
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A ruling against Trump would deliver his biggest legal defeat since returning to the White House. The court is considering Trump’s April 2 “Liberation Day” tariffs, which placed levies of 10-50% on most imports, along with duties imposed on Canada, Mexico and China in the name of addressing fentanyl trafficking.
The timing of the court’s decision has been the subject of much speculation and anticipation. But now it may not land for at least several more weeks.
The U.S. Supreme Court seems inclined to reject President Donald Trump’s effort to immediately oust Federal Reserve governor Lisa Cook.
By Jan Wolfe Jan 21 (Reuters) - The U.S. Supreme Court heard arguments on Wednesday over President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook. Here are some takeaways from the arguments in the case,
Updated at 3:45 p.m. on Jan. 21 The Supreme Court on Wednesday appeared likely to leave Lisa Cook, a member of the Federal Reserve’s Board of Governors, on the job […]
The Supreme Court signaled deep skepticism Wednesday that President Donald Trump had the authority to remove Lisa Cook from the Federal Reserve, with several conservative justices joining their liberal colleagues in posing pointed questions of the lawyer defending the president.
As the justices weighed the consequences of allowing President Trump to fire a Federal Reserve official, the president reprised his pressure campaign on the central bank.