The US Supreme Court has given President Donald Trump a legal boost in his efforts to remove top agency officials, but left the Federal Reserve’s independence intact. Two rulings on Monday blocked the removal of Federal Reserve Governor Lisa Cook from her post despite allegations against her. In contrast, Trump was allowed to oust officials leading other agencies that typically have some protection from presidential interference.
Source: https://www.bloomberg.com/news/articles/2026-06-29/six-takeaways-from-the-supreme-court-s-fed-independence-ruling