Federal Reserve independence secures an important, but not final, victory at US Supreme Court ^13.3%

The Conversation - By Elizabeth C. Tippett - 6/29/2026, 8:45 PM

Biased Writer Voice 28.3% - Appeal to Authority 18.1% - Negativity Bias 9.2%

The Federal Reserve, under pressure from President Donald Trump to cut interest rates and bend to his will, just got an important assist from the U.S. Supreme Court. In Trump v. Cook, the justices took up the case involving Trump’s decision to terminate Lisa Cook, a member of the powerful policymaking Board of Governors of the Federal... more