Breaking Posted 3 hours ago

Supreme Court blocks Trump firing of Fed Governor Cook

News
The Supreme Court ruled that President Trump cannot unilaterally fire Federal Reserve Governor Lisa Cook, reinforcing Fed independence. The decision strengthens the central bank's autonomy in monetary policy decisions. USD may weaken slightly as the ruling reduces political pressure on the Fed; watch USD/JPY, EUR/USD for potential downside.
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Latest Updates

3 hours ago

Supreme Court Blocks Trump's Federal Reserve Chair Removal

The Supreme Court ruled that Trump cannot remove the Federal Reserve chair, preserving the Fed's independence but allowing removals at other agencies. This decision protects monetary policy autonomy and reduces uncertainty around future Fed leadership changes, supporting USD stability and reducing volatility for major currency pairs exposed to Fed policy risk.

https://x.com/financialjuice/status/2071603475302007050
3 hours ago

Supreme Court limits Trump's power to fire Fed governors

The US Supreme Court ruled that President Trump lacks constitutional authority to fire Federal Reserve governors without cause, constraining executive power over the central bank. This landmark decision reinforces Fed independence and reduces presidential influence over monetary policy, supporting USD stability and reducing near-term political risk to rate decisions.

https://www.theguardian.com/us-news/2026/jun/29/supreme-court-trump-lisa-cook-ruling
A
@asuquokelvin · 12 minutes ago

The Fed just got a reminder it's not taking orders. Markets love independence... until it doesn't go their way.

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