Abstract
Separation of powers issues concerning the Federal Reserve System have generated intense debate. Controversy has been acute regarding the system’s provision of for-cause protection from presidential removal for members of the Board of Governors and the absence of the gold standard of presidential appointment or Senate advice and consent for other key officers. This debate has gained traction from the Supreme Court’s recent decisions finding constitutional flaws with removal protections in federal agencies such as the Consumer Financial Protection Bureau and with procedures for appointing and supervising other federal officials.
Repository Citation
Peter Margulies,
Reform and Removal at the Federal Reserve: Independence, Accountability, and the Separation of Powers in U.S. Central Banking,
108 Marq. L. Rev. 117
(2025).
Available at: https://scholarship.law.marquette.edu/mulr/vol108/iss1/5