Politics

Supreme Court Upholds Fed Governor's Tenure

Updated 2026-06-29 14:40 UTC 1 source Negative

The Supreme Court ruled that President Trump cannot fire Federal Reserve Governor Lisa Cook for now. The decision is a setback to the administration’s efforts to remove her from office.

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CNBC
The ruling by the Supreme Court means that Lisa Cook will remain as a Federal Reserve governor as her lawsuit challenging Trump's effort to fire her proceeds.
2026-06-29 14:30 UTC
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