top | item 46880933

(no title)

no_wizard | 26 days ago

If Trump v. Cook is a loss for Trump, they won't be in fear of losing independence, as I understand it.

discuss

order

groundzeros2015|25 days ago

Which branch of government is the fed under?

no_wizard|23 days ago

None. 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.