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Democracy NowJul 02, 2026
"Rule of Law vs. Rule of Billionaires": Supreme Court Says Trump Can Fire Regulators, Except at Fed
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."


Politics - U.S. HouseJul 01, 2026
Promising Much to Many, Johnson Loses His Grip on the House
Republicans are growing frustrated with Mr. Johnson's approach to governing with a razor-thin majority, saying that he promises more than he can achieve, frustrating the disparate groups in his caucus.

New York Times PoliticsJul 01, 2026
Takeaways From the Colorado Primary Elections: Another Win for Democratic Socialists
A democratic socialist ousted a veteran congresswoman in Denver, and a U.S. senator lost his bid for governor. But the state's other senator fended off a progressive primary challenger.
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