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In a 6-3 ruling this week that overturned nine decades of precedent, the Supreme Court granted President Donald Trump the power to fire and replace officials at independent government agencies like the Federal Trade Commission. But in a separate 5-4 decision, the justices ruled that Federal Reserve Governor Lisa Cook can stay in her job as she challenges Trump's efforts to fire her.
The seemingly contradictory rulings suggest a two-tier system of regulation, says Alvaro Bedoya, a former FTC commissioner who was fired by Trump last year. The independence and stability of the Federal Reserve is important to "billionaire Wall Street Bankers," and therefore remains protected, says Bedoya. "But then you have this whole series of other agencies that keep your toys safe, that keep health insurers from robbing people blind, that keep supermarkets from merging to make milk, eggs and beef … even more expensive. The court said that all those regulators can report directly to the president and be entirely beholden to his whims."
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The decision was a win for the Trump administration as it pushes to remove material that the president has called inappropriate or "woke."
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A new mandatory disclosure revealed that the president has earned $2.2 billion during the first year back in the White House.
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The release of a mandatory financial disclosure for 2025 shows that the Trump family's holdings, particularly the president's crypto businesses, were stunningly lucrative.
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President Donald Trump has received another setback in his ongoing quest to control U.S. elections. In a 5-4 split, the Supreme Court ruled that mail-in ballots do not need to be received by Election Day to be counted, as long as they were postmarked by then. Although a "rare victory for voting rights," the conservative justices' assertion that voting by mail is prone to fraud — a disproven theory that Trump blames his loss in the 2020 election for — is "very disturbing," says Ari Berman, the national voting rights correspondent for Mother Jones. "My fear is that this is going to embolden Republicans to double down on their efforts to try to get rid of mail voting, including the SAVE America Act, Trump's sweeping voter suppression bill, which he seems desperate to go to any lengths to try to pass," says Berman, who also comments on the court's decision to strike down a federal law limiting campaign spending.
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President Trump flew into town on the new Air Force One and spent time touring the library dedicated to Theodore Roosevelt, who he called "a great he-man."
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A bare majority of Supreme Court justices ruled that President Trump's executive order was unconstitutional, reflecting a conservative shift on the issue.
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The president plans to fly to rural North Dakota to open Roosevelt's library as aides tout comparisons between the two.
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