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Trump wants to clear the way for firing Powell, US Supreme Court: The Federal Reserve is unique

Internet reported that the U.S. Supreme Court ruled on Thursday that the Federal Reserve is unique among government agencies. The court's ruling involved cases involving leaders of independent agencies who were removed from office by Trump. The court ruled that the officials could still be removed from office until the case was fully heard. But the Fed is different. Court documents show that "the Federal Reserve is a uniquely structured quasi-private entity." President Trump has criticized Powell many times, saying in April that "firing Powell soon will not be enough."

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