The court indicated its decision doesn’t necessarily apply to the central bank and Chairman Jerome Powell — a frequent target of Trump’s criticism on economic matters.

The Supreme Court on Thursday granted the Trump administration’s request to pause orders by federal judges that required government officials to allow board members at two independent federal agencies to

The Supreme Court’s conservative majority on Thursday said President Donald Trump likely has the authority to fire independent agency board members, endorsing a robust view of presidential power. But the court suggested that it could block an attempt to fire Federal Reserve Chair Jerome Powell,