Supreme Court says Fed’s Cook can keep her job for now, but it upholds other Trump firings

The Supreme Court has allowed Federal Reserve governor Lisa Cook to keep her position temporarily, rejecting President Donald Trump's attempt to remove her and assert more control over the Fed. However, the court upheld Trump's authority to fire other officials, signaling a complex balance of power between the executive and judicial branches. This decision has significant implications for the independence of the Federal Reserve and the ongoing tension between the presidency and the nation's central bank. The ruling underscores the broader debate about presidential authority versus institutional autonomy.