What the Lisa Cook Decision Means for the Fed’s Independence

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  In moments of seismic change, through crisis and transformation, it is our real world experience that delivers.

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  FTI Consulting.

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  Experts with impact.

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  The Supreme Court says President Trump can't fire Fed Governor Lisa Cook,

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  a crucial ruling for the central bank's independence.

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  Kevin Warsh is Trump's own pick.

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  He became Fed chair in May.

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  And this ruling actually helps him.

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  But a separate Supreme Court decision expands presidential authority to fire officials at other government agencies.

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  And Comcast is breaking up.

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  Where we previously believed that scale and the diverse vacation benefits.

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  Warranted operating these businesses as one company.

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  We've now simply changed our mind about that.

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  It's Monday, June 29th.

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  I'm Alex Oselev for The Wall Street Journal.

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  This is the PM edition of What's News, the top headlines and business stories that move the world today.

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  Today, the Supreme Court rejected President Trump's bid to fire Federal Reserve Governor Lisa Cook, at least for now.

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  Trump has wanted to fire her as part of his mission to remake the Fed.

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  Joining us now to discuss what the court's decision

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  means for the central bank's independence is WSJ chief economics correspondent Nick Timoros.

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