The US Supreme Court blocked Trump from firing Fed Governor Lisa Cook, reinforcing Federal Reserve independence with major implications for crypto markets.

Trump first tried to fire Cook last year, alleging issues with her personal mortgage, which she denies.

The Supreme Court has dealt a major blow to Trump’s revenge quests, as well as his attempt to control the Federal Reserve.

The Court denied the administration's application for a stay...

The Fed got a rare shield from the court.

The Supreme Court issued its ruling in the latest instance of President Donald Trump's war on the Federal Reserve.