3 ms·
If Trump v. Cook is a loss for Trump, they won't be in fear of losing independence, as I understand it.
by no_wizard 8mo ago
If Trump v. Cook is a loss for Trump, they won't be in fear of losing independence, as I understand it.
- groundzeros2015 8mo agoWhich branch of government is the fed under?
- no_wizard 8mo agoNone. As per the Federal Reserve Act it is an independent agency not under any branch of government. Trump is trying to change that through judicial means, rather than purusing a legislative one. Dubious at best, but the Supreme Court as of late has not been reliable in upholding important precedent.