The Supreme Court blocked Trump's bid to remove Fed Governor Lisa Cook, leaving him without a Fed Board majority as rate-cut pressure continues.

The Supreme Court blocked Trump's bid to remove Fed Governor Lisa Cook, leaving him without a Fed Board majority as rate-cut pressure continues.

The Supreme Court blocked Trump's bid to remove Fed Governor Lisa Cook, leaving him without a Fed Board majority as rate-cut pressure continues.

Justices say president must give Cook notice and hearing before removal. | Economy

The Supreme Court ruled President Donald Trump doesn't have legal authority to fire Federal Reserve governor Lisa Cook without cause.