Lisa Cook Stays at Fed After Supreme Court Ruling

The Supreme Court formally blocked President Trump’s bid to fire Fed Governor Lisa Cook for now – arguing such a dismissal from the White House could set a precedent that would politicize policy decisions. But while the court protected Fed policymakers from being fired without cause, it effectively delivered a split verdict – ruling in a second decision that Trump could fire officials at other independent regulatory agencies for any reason. In a 5-4 decision for the Cook case, Chief Justice John Roberts said Cook “was entitled to notice and some opportunity to respond prior to her termination,” and that allowing Trump to fire her would “turn for-cause protection into little more than at-will employment.” #lisacook #supremecourt #decision The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more. Check out our three new podcasts: NYNext (week):    / @nynext1   Pod Force One with MIranda Devine (weekly):    / @podforce1   NY POSTcast (daily):    / @nypostcast   Get The Post’s latest headlines everyday with our Morning Report newsletter: https://tinyurl.com/NYPOSTSIGNUP Catch the latest news at http://www.nypost.com. Follow The New York Post on: Twitter -   / nypost   Facebook -   / nypost