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Politics June 29, 2026

Supreme Court Ruling Limits Presidential Power, Protects Federal Reserve Governor's Tenure

Supreme Court Ruling Limits Presidential Power, Protects Federal Reserve Governor's Tenure

The US Supreme Court has ruled that President Trump cannot fire Federal Reserve Governor Lisa Cook. The high court delivered a 5-4 decision, with Chief Justice Roberts writing the majority opinion. The ruling maintains Cook's position on the Federal Reserve Board of Governors.

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