US Supreme Court preserves the Fed's independence

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The U.S. Supreme Court refused to let Donald Trump fire Federal Reserve Governor Lisa Cook as it stood firm to preserve the central bank's cherished independence against an unprecedented challenge by the Republican president. Federal Reserve reporter Howard Schneider explains what this means for Fed chair Kevin Warsh.

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Read the story here: https://www.reuters.com/world/us-supreme-court-rejects-trumps-unprecedented-bid-fire-feds-cook-2026-06-29/

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