Supreme Court will decide if Fed independence has any legal teeth

Supreme Court will decide if Fed independence has any legal teeth
- January 20, 2026
- Gary Richardson, economics, The Wall Street Journal, MSN Money, Jan. 20, 2026
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“This debate has been going on in the United States since before we had the United States,” said Gary Richardson, the Fed’s former in-house historian and an economist at the University of California, Irvine. “This case is designed to give the Supreme Court a chance to change who decides monetary policy,” shifting that power from Congress to the president.
For the full story, please visit https://www.wsj.com/economy/central-banking/jerome-powell-federal-reserve-supreme-court-de15b2d1?mod=hp_lead_pos5.
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