If the Supreme Court rules that President Donald Trump is allowed to fire the members of the National Labor Relations Board and the Merit Systems Protections Board, the justices would also be implicitly giving Trump more control over interest rates and monetary policy, a group of legal scholars and the fired board members argued to the top court this week.
On its face, the case in question is just about fired federal workers — specifically, Gwynne Wilcox from the NLRB and Cathy Harris from the MSPB.
But all the parties agree that a bigger legal question is at play on the subject of the president’s power. Some close court watchers say the only logical extension of the government’s arguments is political control over the Federal Reserve too.