In separate decision, justices said President Donald Trump can sack top regulator

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…

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

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