BREAKING: Supreme Court Rules AGAINST Trump On Firing

The Supreme Court has ruled that Trump will NOT be able to immediately fire a key economic decision maker.

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Episode Transcript

Speaker 1 (00:06):
Good News for Lefties and America. Hellowen, thank you for
joining this breaking news edition of good News for Lefties.
I'm your host, Beowulf Rocklin. The Supreme Court on Wednesday
ruled that Federal Reserve Governor Lisa Cook will remain in
her position at least until January, when justices hear oral

(00:28):
arguments on whether President Donald Trump has the authority to
remove her. The decision represents a major setback for Trump,
who has repeatedly sought to oust Cook without success, and
a win for the principle of insulating the nation's central
bank from political retaliation. Cook, an accomplished economist and the
first black woman confirmed to the Fed Board, has faced

(00:51):
allegations from the Trump administration that she engaged in mortgage fraud,
claims she has flatly denied. Importantly, no charges have ever
been brought against her. The High Court declined to endorse
Trump's demands, leaving intact lower court rulings that blocked her
firing and allowing her to continue participating in monetary policy

(01:13):
decisions that shape the economic well being of millions. The
ruling ensures that through the rest of twenty twenty five,
Cook will cast a vote on critical interest rate policy,
with the Fed expected to adopt at least two additional
rate cuts this year. Economists have credited Cook with being
a voice for careful, data driven policy, even as Trump

(01:36):
has pressured officials to slash borrowing rates further and faster.
Her presence on the board keeps balance within the Fed,
reinforcing steady leadership at a time when workers and families
are still navigating economic uncertainty. This is about more than
just one official's tenure. This case tests whether presidents can

(01:56):
unilaterally purge the Federal Reserve of governors who pursue independent judgment.
By holding the line, the Supreme Court has temporarily safeguarded
a cornerstone of economic stability, a central bank free to
act in the public interest rather than at the whim
of politics. For now, Cook will continue her work, offering

(02:17):
expertise and steady guidance as the country faces pivotal decisions
about jobs, inflation, and long term growth. To help us
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more good news stories and stay positive and motivated. For

(02:39):
the days ahead, I'm Beowulf Rockland. Weird name, good news
for lefties and America.