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Cook Stays at Fed, But Trump Wins More Power Over Other Agencies
By
Greg Stohr
News June 29, 2026 at 11:05 AM
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What You Need To Know
- The Fed shield came even as the court, in a separate ruling, expanded the president’s power to fire top government officials at other agencies.
- The narrow focus of the decision means the case could return to the Supreme Court at a later point.
- The Federal Reserve Act bars presidential removal of governors except “for cause.”
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