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Supreme Court says Fed’s Cook can keep her job for now, but it upholds other Trump firings
Summary by The San Antonio Editorial Desk · Byline on the source page: Mark Sherman, Associated Press , as published by KSAT 12 (ABC affiliate)
· June 29, 2026
· 1 min read
Photo: KSAT 12 (ABC affiliate) · view original
Story provenance No corrections
Summary created by The San Antonio Editorial Desk — automated, rule-governed Byline on source page Mark Sherman, Associated Press, as published by KSAT 12 (ABC affiliate) Original story Read at the source Source published Jun 29, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway Further details on this development are available from KSAT 12, the local ABC affiliate in San Antonio, Texas.
A recent Supreme Court decision has expanded presidential power, allowing President Donald Trump to fire heads of independent federal agencies. However, there is an exception for the Federal Reserve. The court's ruling permits Federal Reserve governor Lisa Cook to remain in her position for the time being.
She is currently fighting a Republican effort. Further details on this development are available from KSAT 12, the local ABC affiliate in San Antonio , Texas.
Why this matters
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About this story
As published by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 29, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A recent Supreme Court decision has expanded presidential power, allowing President Donald Trump to fire heads of independent federal agencies. However, there is an exception for the Federal Reserve…
When was this published? This article was first published on June 29, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Mark Sherman, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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