The ruling is the most consequential case for the Fed’s future, for now fending off the politicization of an institution that’s responsible for being a technocratic steward of the #US #economy. In the end, the decision — which came months after the court struck down Trump’s sweeping emergency #tariffs — suggests that the longstanding principle of #independence for the #Fed was a line that not even #Trump could cross.

#law #SCOTUS #economy #democracy

#SCOTUS allows #LisaCook to remain at #Fed in another loss for #Trump

The Supreme Court on Monday rejected Trump’s attempt to immediately fire #FederalReserve Governor Lisa Cook.

Chief Justice John Roberts wrote the opinion for a 5-4 majority.

#law #Independence #economy #democracy
cnn.com/2026/06/29/politics/li…