The US Supreme Court on Thursday allowed President Donald Trump to fire leaders of two independent agencies, but signalled that such dismissals would not be permitted for the Federal Reserve.

It's a win for Donald Trump's efforts to take control of agencies meant by Congress to be independent from the president.

(Reuters) -A U.S. Supreme Court ruling Thursday in a legal battle over President Donald Trump's firing of two federal labor ...

The order suggests justices will soon eliminate congressional power to insulate agencies from political interference.

The order is a win for the central bank, particularly given the president's longstanding criticism of the Fed chief.