US Supreme Court expands presidential firing power but lets Fed's Lisa Cook stay for now
The US Supreme Court has broadened presidential power to remove the heads of independent federal agencies, while making a specific exception for the Federal Reserve. In the latest ruling, the justices allowed Federal Reserve Governor Lisa Cook to remain in her post as she fights President Donald Trump's effort to dismiss her over allegations of mortgage fraud, which she denies. The decision marks a major shift in the balance between the White House and agencies that were designed to operate with a degree of independence.The court's majority said protections from removal are inconsistent with the Constitution's separation of powers, effectively... [Continue Reading]
360LiveNews | 29 Jun 2026 16:59 LONDON
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