Supreme Court rules against Donald Trump in his quest to fire Fed Governor Lisa Cook — for now

In a significant legal decision, the Supreme Court upheld Trump's authority over independent agencies but ruled against his attempt to dismiss Fed Governor Lisa Cook. This ruling underscores the limits of presidential power over federal officials who serve fixed terms, highlighting the importance of checks and balances in the U.S. government. While Trump gains broad oversight, this decision protects Cook's position for now, reflecting the judiciary's role in safeguarding individual rights against executive overreach.