The Supreme Court formally blocked President Trump’s bid to fire Fed Governor Lisa Cook for now – arguing such a dismissal from the White House could set a precedent that would politicize policy decisions. But while the court protected Fed policymakers from being fired without cause, it effectively delivered a split verdict – ruling in a second decision that Trump could fire officials at other independent regulatory agencies for any reason. In a 5-4 decision for the Cook case, Chief Justice John Roberts said Cook “was entitled to notice and some opportunity to respond prior to her termination,” and that allowing Trump to fire her would “turn for-cause protection into little more than at-will employment.”