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The Latest Breaking News from Lisa Cook

Chief Justice Roberts Broke The Fourth Wall in Cook

This unusual opinion suggests something happened behind the scenes over the past ten months.

Reason

Did Congress Waste Warsh Hearings on AI While Inflation Runs Hot? Cato Blasts Focus on 'Trendy Topics'

New Federal Reserve Chairman Kevin Warsh faced Congress last week for the first time, but a Cato Institute economist says lawmakers may have squandered their best chance to press him before rates move.

Benzinga

Supreme Court rules 6-3 for presidential removal of independent agency commissioner

Highlights from this edition of Checks and Balances include a 6-3 Supreme Court ruling for presidential removal of independent agency commissioners, and a South Carolina law with a REINS-style provision, judicial deference prohibition, and sunset review requirement

Ballotpedia

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read the most diverse news in one place.

Stocks Slip Before the Open as Chipmakers Extend Slide, U.S. Retail Sales Data and Earnings on Tap

September S&P 500 E-Mini futures (ESU26) are down -0.17%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.59% this morning as chipmakers remained under pressure, with investors weighing whether earnings justify further gains in the AI trade.

Barchart

Navigating the New Fed: 5 Conflicts Kevin Warsh Has to Tackle Now

Fed Chair Kevin Warsh, the new leader of the most important central bank in the world, faces multiple challenges to his still-emerging authority.

Kiplinger

4 Takeaways From the Supreme Court's 2025–2026 Term

From executive power to civil liberties, what to make of a momentous year at SCOTUS?

Reason

Trump is already causing a headache for his new Fed chairman, saying the central bank's board is 'hostile' and 'doing the wrong thing'

Trump claimed the board is "a little hostile" toward new Fed Chairman Warsh.

Fortune

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U.S. Supreme Court rules 6-3 for presidential removal of independent agency commissioner

Welcome to the Thursday, July 2, 2026, Brew.

Ballotpedia

‘In the end the court did its job’ – a former federal judge reviews a Supreme Court term full of momentous decisions

In the Supreme Court term that began in October 2025, the justices delivered major decisions in cases ranging from voting rights to citizenship to presidential power. The Conversation’s Politics and Legal Affairs Editor, Naomi Schalit, spoke with Dickinson College President John Jones, a former federal judge, about the court’s session.

The Conversation

U.S. Supreme Court rules 6-3 for presidential removal of independent agency commissioners

On June 29, the U.S. Supreme Court ruled 6–3 in the case of Trump v. Slaughter that the president may remove a leader of a multi-person independent agency for reasons other than those enumerated in statute. The Court upheld President Donald Trump's (R) 2025 dismissal of Federal Trade Commission (FTC)…

Ballotpedia

SCOTUS term marked by shifts to the right, some checks on Trump

The Supreme Court capped its term Tuesday with one decision overturning a long-standing campaign finance limit and another turning aside President Donald Trump’s attempt to unilaterally change birthright citizenship — a day, experts said, that exemplified this year at the court. Throughout the term, they said the conservative-controlled court continued…

Roll Call

Fed's Warsh: Will decide on rate hike when policymakers 'shut the door' at next meeting

At an international monetary policy forum, Federal Reserve Chair Kevin Warsh stressed the necessity of maintaining a 2% inflation target. He notably refrained from giving any forward guidance on interest rates. Warsh's remarks have sparked debate among economists regarding potential future rate increases, as global central banks adopt varying approaches…

The Economic Times

What the Supreme Court's Latest Decisions Mean for Your Money This Year

Several recent U.S. Supreme Court rulings could have notable financial consequences for homeowners, taxpayers, investors, and consumers.

Kiplinger

US Stock Market: US Supreme Court shields Fed independence, but leaves central bank more isolated

The US Supreme Court has reaffirmed the Federal Reserve’s independence by blocking attempts to allow presidential removal of its governors without a high legal threshold. In a case involving Governor Lisa Cook, the court ruled that dismissal would require proof of serious misconduct tied to official duties while legal proceedings…

The Economic Times

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Kiplinger

What New Supreme Court Rulings Mean for Your Money in 2026

Several recent U.S. Supreme Court rulings could have notable financial consequences for homeowners, taxpayers, investors, and consumers.

The Independent UK

The Latest: Supreme Court is set to rule on Trump’s challenge to birthright citizenship

The Supreme Court will rule on the constitutionality of President Donald Trump’s order on birthright citizenship declaring that children born to parents who are in the United States illegally or temporarily are not American citizens

Fortune

Trump takes his inflation battle to gas retailers after his Fed plot runs ashore—sets target for $2.50 a gallon

"The retailers must quickly react to this statement, and do what they know is right — DROP YOUR PRICE FOR OUR GREAT AMERICAN PEOPLE!"

Barchart

Stock Index Futures Gain at Quarter-End, U.S. JOLTS Report and Nike Earnings on Tap

September S&P 500 E-Mini futures (ESU26) are up +0.10%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.16% this morning, putting the major indexes on track for their strongest quarterly gains in years.

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The Guardian - US

Trump threatens to abolish birthright citizenship through Congress after supreme court rules against him – as it happened

This live blog is now closed.

The Guardian - US

The supreme court has again undermined the power of Congress

The Trump v Slaughter decision allows the president further influence over agencies Congress itself created

The Economic Times

US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firings

The Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies at will, overturning a long-standing precedent. However, the Federal Reserve remains an exception, with a governor allowed to remain in her post while contesting her dismissal. This ruling grants presidents greater control over…

International Business Times UK

US Supreme Court Rules Trump's Firing Of First Black Female Fed Governor Lisa Cook Was 'Void From The Start'

The US Supreme Court ruled against Donald Trump's attempt to dismiss Federal Reserve Governor Lisa Cook, marking a historic decision that underscores the importance of the Fed's independence.

Reason

Can the Supreme Court Slaughter Slaughter Without Cooking Cook?

Tensions between today's two major presidential removal power decisions.

The Conversation

Federal Reserve independence secures an important, but not final, victory at US Supreme Court

The Federal Reserve, under pressure from President Donald Trump to cut interest rates and bend to his will, just got an important assist from the U.S. Supreme Court.

Kiplinger

Stocks Rally to Start a Big Holiday Week: Stock Market Today

Comcast created a stir among communication services stocks with a plan to spin off its media and entertainment assets into a new publicly traded company.

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