Supreme Court says Trump can't fire Fed governor Lisa Cook

The Supreme Court's decision that President Trump couldn't remove Federal Reserve governor Lisa Cook is a significant move to safeguard the independence of the central bank. This ruling underscores the importance of maintaining the Fed's autonomy from political pressures, especially during a time when Trump's economic policies were under scrutiny. Chief Justice John Roberts emphasized the need to avoid uncertainty around the Fed's leadership, highlighting the court's role in protecting the integrity of one of the nation's most vital financial institutions.