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1935 Banking Act

Coverage of 1935 Banking Act in the Nexus archive.

Earliest in view: Jun 29 · 14:20 UTCMost recent: Jun 29 · 14:20 UTC
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  • POLITICSJun 29 · 14:20 UTCCOURTHOUSE NEWS
    Supreme Court sinks Trump’s attempt to take over Fed board

    The Supreme Court ruled against President Donald Trump's attempt to remove Federal Reserve Board Governor Lisa Cook, upholding the independence of the Federal Reserve as protected by the 1913 Federal Reserve Act and 1935 Banking Act. Trump claimed mortgage fraud to justify Cook’s termination, but lower courts and the Supreme Court blocked the removal, emphasizing the Fed’s role as an autonomous entity.

1935 Banking Act · Dossier · The Nexus