Supreme Court expands Trump’s power to fire independent agency officials but lets Lisa Cook remain at Fed

CNN: The Supreme Court on Monday rejected President Donald Trump’s attempt to immediately fire Federal Reserve Governor Lisa Cook, further cementing the Fed’s independence.

The court, meanwhile, expanded the president’s power to fire officials, overturning the nearly century-old precedent Humphrey’s Executor. Justice Sonia Sotomayor, in a dissent, said it “promises only chaos.”…

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