The team of lawyers are trying to prevent Trump from being dismissed, and Federal Reserve Governor Powell has the support of all former chairmen.
According to the Securities Times app, on Thursday, the legal team of Federal Reserve Board Governor Powell submitted a document to the Supreme Court strongly demanding the rejection of President Trump's request to immediately dismiss her. In the document, Powell's lawyers pointed out that Trump's actions would "fundamentally undermine the independence of the Federal Reserve Board" and warned that this precedent would pose a long-term threat to the Federal Reserve system.
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