The Supreme Court ruled against the Trump administration in a case former Fed Chair Jerome Powell called \

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

The latest ruling follows a legal battle that began in 2025 after Trump sought to dismiss Cook, becoming the first US president since the Federal Reserve's establishment in 1913…

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

The Fed got a rare shield from the court.