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Breaking News: The Supreme Court ruled to expand President Trump’s power to fire independent regulators but carved out on exception for the Federal Reserve, preventing the president from immediately removing Lisa Cook from the central bank.
Live Updates: Supreme Court Expands Presidential Power Over Regulators, but Blocks Fed Firing for NowPresident Trump’s firing of an F.T.C. commissioner tested a precedent that has insulated independent regulators. But the justices carved out the “unique role” of the Federal Reserve.nyti.ms