Market Chatter: Supreme Court Upholds Trump's Firing of FTC Commissioner

MT Newswires Live

Jun 30

The US Supreme Court on Monday upheld President Donald Trump's firing of Democratic Federal Trade Commission member Rebecca Slaughter, Reuters reported.

The decision expands presidential authority over federal agencies and overturns a 1935 precedent that had protected certain agency leaders from being removed without cause, the report said.

The FTC didn't immediately reply to a request for comment from MT Newswires.

In a separate matter, the Supreme Court left in place a lower-court injunction that bars Trump from firing Federal Reserve Governor Lisa Cook while litigation continues.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FTC","symbol_name":"First Trust Large Cap Growth Opp","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2647309471","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2647309471","pubTimestamp":1782757329,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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