Supreme Court Says Fed's Cook Can Stay in Role For Now | Bloomberg Businessweek Daily 6/29/2026
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Today, Bloomberg's Mike McKee and June Grasso break down the Supreme Court's decision to allow Fed governor Lisa Cook to stay in her role while she fights President Trump's efforts to oust her. Then, former Governor of Indiana Eric Holcomb discusses RAISE US, a joint effort with former Rhode Island Governor Gina Raimondo that aims to develop a strategy around AI's impact on the labor market. Plus, Kikoff CEO Cynthia Chen, breaks down how her app helps consumers build credit and improve low credit scores. Chapters 00:00:00 Bloomberg Businessweek Daily Intro 00:00:46 Quarter-End Market Performance 00:01:37 Supreme Court Rulings & Fed Independence 00:02:29 Wall Street Market Update 00:04:27 Supreme Court Protects Fed Governor Lisa Cook 00:05:02 Expanding Presidential Power Over Agencies 00:05:17 What the Lisa Cook Ruling Means 00:07:54 Rebecca Slaughter Case & Independent Agencies 00:10:08 Debate Over Fed Independence 00:11:30 Could Trump Still Remove Lisa Cook? 00:14:04 Supreme Court Up
Tags: AI jobs, Carol Massar, Cynthia Chen, Denitsa Tsekova, Eric Holcomb, Gina Raimondo, June Grasso, Kikoff, Lisa Cook, Michael McKee, Payrolls, RAISE US, Rhode Island, Scotus, Stock Market News, Stock Movers, Tim Stenovec, credit, credit score, trump lisa cook
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