New U.S.
Monday, 6/29, 03:48 PM
Supreme Court Strips Firing Protections From Independent Agencies but Shields the Fed's Lisa Cook
- In a pair of landmark rulings Monday, the Supreme Court handed President Trump sweeping new power to dismiss officials at independent federal agencies — overturning a 90-year-old precedent — while in a separate 5-4 decision blocking, for now, his bid to remove Federal Reserve Governor Lisa Cook, a carve-out underscoring the central bank's unique standing.