Supreme Court preserves Fed independence

In Trump v. Cook, the United States — Supreme Court of the United States, led by Chief Justice John Roberts, used the 'history and tradition' doctrine to preserve the independence of the United States — Federal Reserve, while in a separate decision the same day, it invoked originalist principles to end the independence of other federal agencies. The ruling avoided the potential market disruption of placing monetary policy under presidential control. Justice Clarence Thomas dissented, advocating for originalist unitary executive theory. The decision is seen as a pragmatic move to prevent economic instability, though it highlights tensions within originalist philosophy.