Overhauling the central bank’s Board of Governors would grant the president greater sway over the Federal Reserve, an institution that is supposed to be independent from the White House.
President Trump has spent months demanding that Jerome H. Powell, the Federal Reserve chair, lower interest rates. The two toured the Fed’s renovation site in July after the president accused Mr. Powell of mismanaging the project.
The code of conduct for federal judges does not appear to apply to Mr. Bove, who has yet to be sworn in. But his continued presence at the department has raised eyebrows.
President Trump’s effort to oust the Federal Reserve governor has kicked off a landmark legal battle, one that will have far-reaching consequences for the institution’s independence.
Susan Monarez was fired as director of the Centers for Disease Control this week, White House officials said. The move came after she declined to fire agency officials or to accept all recommendations from a vaccine panel overhauled by Health Secretary Robert F. Kennedy Jr.
Robert E. Primus, a board member of the federal agency responsible for approving railroad mergers, learned from a White House email that he had been fired.
The director, Susan Monarez, declined to fire agency leaders or to accept all recommendations from a vaccine advisory panel made over by Mr. Kennedy, according to people with knowledge of the events.
Most of us just accept that government economic data is the best possible estimate of the economy. That could change, and that would be bad for all of us.
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