Trump v. Cook · ¶135

In the Federal Reserve Act, Congress chose not to require that the President provide notice or a hearing to officers on the Board before removing them. The Federal Reserve Act specifies “only causes for removal,” not “procedures for re- moval.” Ante, at 11 (emphasis in original). The Act establishes a maximum term of service for members of the Board of Governors and sets only a substantive requirement for removal. In full, the relevant provision states:

slip opinion
Source edition
Passage preview. Read in context for the complete text, notes and references.