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The Supreme Court has ruled in favor of Federal Reserve Governor Lisa Cook, dealing a significant blow to the Trump administration's bid to remove her from the central bank.
The decision substantially raises the bar for any effort to oust her, and a final resolution to the standoff could be months or even years away.
A Harder Path for the White House The ruling does not end the dispute outright, but it forces the Trump administration to undertake considerably more legal and procedural work before it can make another credible attempt to remove Cook from her position on the Fed's Board of Governors.
The Supreme Court's judgment essentially resets the administration's strategy, requiring it to build a stronger case rather than proceed on its current footing. That dynamic matters beyond the Cook case itself.
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