The Supreme Court Doesn’t Want to Break the Fed: Noah Feldman

It seems very highly probable that the Supreme Court will allow Federal Reserve Governor Lisa Cook to remain in office despite President Donald Trump’s attempt to fire her. It’s less clear whether the justices will find a way to make the case go away altogether, or whether they will send it back to the lower courts for additional fact-finding or further discussion of the two difficult legal questions in the case: what the for-cause requirement protecting Fed governors from politically motivated removal actually means, and what process a president must follow to fire someone for cause.

Frequently, the justices try ...