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No. The Supreme Court's interpretation of the Constitution and Federal Laws is definitive. There are situations where a federal agency (or the Federal Reserve) could change its policy slightly to try to work around a Supreme Court decision while still basically doing the same thing, but that isn't "overriding" the Supreme Court.
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Should the US Supreme Court abolish the Federal Reserve?
The US Supreme Court does not have the authority to abolish government agencies and departments, unless the agency is created under legislation that is challenged in court and determined to be unconstitutional. This is outside the scope the the Supreme Court's responsibility.
What effect did the supreme court have on economic development?
Some effects that the supreme court had on economic development were that the rulings reinforced capitalism as the ruling economic system in the U.S. Somewhere in the early 1800s, the Supreme Court made several rulings that helped define federal power over contracts and commerce. As aforementioned, these rulings reinforced capitalism as the ruling economic system in the United States.
Who owns the federal reserve bank in the US?
AnswerThe Federal Reserve Bank in the USA is a privately owned cartel: it is not a Government agency."Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders."- The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s"Most Americans are content with believing that the Federal Reserve is just another stuffy government agency that sets our interest rates and that is watching out for the best interests of the American people. But that is not the case at all. The truth is that the Federal Reserve is a private banking cartel that has been designed to systematically destroy the value of our currency, drain the wealth of the American public and enslave the federal government to perpetually expanding debt. ...#1 The Federal Reserve System Is A Privately Owned Banking CartelThe Federal Reserve is not a government agency.The truth is that it is a privately owned central bank. It is owned by the banks that are members of the Federal Reserve system. We do not know how much of the system each bank owns, because that has never been disclosed to the American people.The Federal Reserve openly admits that it is privately owned. When it was defending itself against a Bloomberg request for information under the Freedom of Information Act, the Federal Reserve stated unequivocally in court that it was "not an agency" of the federal government and therefore not subject to the Freedom of Information Act....[All above quotes taken From "10 Things That Every American Should Know About The Federal Reserve" at http://theeconomiccollapseblog.com/archives/10-things-that-every-american-should-know-about-the-federal-reserve]Who owns the Federal Reserve?The Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects. As the nation's central bank, the Federal Reserve derives its authority from the U.S. Congress. It is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms.......[Above quote From "Federal Reserve Education Fed Basics" at http://www.federalreserveeducation.org/faq/topics/fed_basics.cfm ]
Is the Federal Reserve unconstitutional?
Answer OK - let's keep it simple you say the "Federal Reserve acts as a regulatory agency". But there is no governmental control according to the SUPREME COURT OF THE UNITED STATES No governmental control= UNCONSTITUTIONAL. Lewis v. United States, 680 F.2d 1239 (1982) the court ruled that the Federal Reserve Banks are "independent, privately owned and locally controlled corporations", and there is not sufficient "federal government control over 'detailed physical performance' and 'day to day operation'" of the Federal Reserve Bank for it to be considered a federal agency: Congressional Attempts to Control the Fed (quotes courtesy of site linked below - quotes not under copyright) 1937 Rep. Charles G. Binderup of Nebraska 1952 Rep. Wright Patman of Texas ( House Banking Chairman) "In fact there has never been an independent audit of either the twelve banks of the Federal Reserve Board that has been filed with the Congress ... For 40 years the system, while freely using the money of the government, has not made a proper accounting." Patman RE: Federal Open Market Committee "one of the most secret societies. These twelve men decide what happens in the economy ... In making decisions they check with no one -- not the President, not the Congress, not the people." Patman also said: "In the United States we have, in effect, two governments ... We have the duly constituted Government ... Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution." 1971 Rep. John R. Rarick of Louisiana introduced H.R. 351: "To vest in the Government of the United States the full, absolute, complete, and unconditional ownership of the twelve Federal Reserve Banks." He said: "The Federal Reserve is not an agency of government. It is a private banking monopoly." He was later defeated for re-election. 1980's, Rep. Phil Crane of Illinois called for the repeal of the Federal Reserve Act. In 1980 congress passed the Monetary Control Act,it gave the Federal Reserve control of all banking institutions. The majority of the post below was plagiarized from two websites - see links. Answer You know, whenever I hear what I think are just crazy questions like this...one of my first thoughts is: Just for a second...say it was even remotely possible that all those very involved, dedicated people, on all sides of the discussion, knew it was so...why would they keep it hidden...but even more importantly....what do you think... would it take even 5 minutes to correct it and just pass a law, or whatever is needed, allowing it? Maybe less. Then of course...I think your probably so confused that your not asking about anything even related to what you think...I suspect you want to challenge the Constitutionality of an income tax...(which by the way is addressed in the 16th amendment). Not the Federal Reseve..which is defined below and is really just a method for orderly banking and I can't imagine being a Constitutional issue.
How did the supreme change as a result of Ronald reagans presidency?
The Supreme Court became more conservative during Ronald Reagan's presidency.
Should the US Supreme Court abolish the Federal Reserve?
The US Supreme Court does not have the authority to abolish government agencies and departments, unless the agency is created under legislation that is challenged in court and determined to be unconstitutional. This is outside the scope the the Supreme Court's responsibility.
Does congress the president the supreme court or the Federal Reserve carry out laws?
Apex-type multiple choice question, not reworded
Who can rule that federal laws are unconstitutional?
(Supreme Court)
Can the state Supreme Court over rule the federal Supreme Court?
No
What courts are in the federal court system?
federal district court, federal court of appeals court,and the U.S. supreme court.
What type of court is the supreme court?
The US Supreme Court is the highest appellate court in the United States.
What is the Federal Supreme Court?
Yes. The US Supreme Court is the highest federal court in the judiciary, and head of the Judicial branch of the United States.
Can federal law override a plea bargain in state court?
yes
In a federal government the states are more powerful than the national government?
No. Because of the tendency of the Supreme Court to rule in favor of the federal government as well as the "supremacy clause" (Federal Laws override state laws if there is a conflict) in the constitution, the federal government exercises more authority and overall power than state governments.
What is the highest federal court?
The correct name is the Supreme Court of the United States, but most people refer to it as the US Supreme Court. Each state has its own Supreme Court, but the US Supreme Court is the end of the line.
What is the highest court of the federal government?
supreme court
Who pays the Supreme Court judges?
The U.S. Supreme Court is paid by the federal government.
