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US Supreme Court rejects Trump’s unprecedented bid to fire Fed governor Lisa Cook

South China Morning Post 29 June 2026 5h ago
US Supreme Court rejects Trump’s unprecedented bid to fire Fed governor Lisa Cook
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The US Supreme Court refused on Monday to let President Donald Trump ⁠fire Federal Reserve Governor Lisa Cook as it stood firm to preserve the central bank’s cherished independence against an unprecedented challenge. The court, in a 5-4 ruling, blocked Trump’s bid to become the first president to remove a Fed official since Congress created the central bank in 1913. In his second term as president
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