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Supreme Court Limits Fed Independence, Expands Trump's Agency Power

June 29, 2026·about 2 hours ago·via NBC News
Supreme Court Limits Fed Independence, Expands Trump's Agency Power
The Supreme Court has issued a split decision on presidential firing authority, blocking Trump from removing Federal Reserve Governor Lisa Cook while granting him expanded power over other independent agencies. This ruling represents a significant victory for executive authority - the Court recognizes the President's need to control his administration while maintaining specific protections for the Fed's independence. Read more about this...

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