NCUA (supervises credit unions) board members to be reinstated

https://thehill.com/regulation/court-battles/5414563-judge-rules-trump-ncua-firings/

Of course, I’ll believe it when I see it. But the judges reasoning regarding Federal Reserve chair is quite interesting.

“ U.S. District Judge Amir Ali warned in his 27-page ruling that accepting the administration’s position would mean that Trump could also fire the Federal Reserve chair without cause.

“The overlap in powers wielded by the NCUA Board and the Federal Reserve, and their common role as financial regulators, supports the conclusion that Congress can insulate NCUA Board members from at-will removal,” Ali wrote. “