Supreme Court Blocks Trump From Firing Fed’s Lisa Cook in 5-4 Ruling, But Expands His Reach – Bitcoin News
Key Takeaways The Supreme Court voted 5-4 yesterday to keep Fed Governor Lisa Cook in her seat while her lawsuit proceeds. Chief Justice John Roberts cited the Federal Reserve’s need for the appearance of independence. The same ruling expanded Trump’s authority to remove other agency heads, unsettling markets watching the Fed. A Split Decision for…