Supreme Court: Trump Can Fire FTC Commissioner but Not Fed Gov.
The Lead with Jake Tapper
CNN
3.5 • 1.7K Ratings
🗓️ 30 June 2026
⏱️ 83 minutes
🧾️ Download transcript
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| 0:00.0 | The U.S. Supreme Court just expanded Trump's presidential powers, he says, at a time when it is most needed. |
| 0:09.8 | The lead starts right now. |
| 0:13.4 | President Trump bragging about his big win at the U.S. Supreme Court today on federal firings and going off about the other cases that he lost. We're going to |
| 0:23.3 | break down the implications of these rulings at what it means for you. Plus, breaking news in |
| 0:28.3 | Venezuela, the death toll from last week's earthquake just surpassed 1,700 lives lost. I'm going to |
| 0:35.7 | talk to a U.S. team responsible for a number of rescues. |
| 0:39.9 | And yesterday marked four months since Tomahawk missiles took out an elementary school in Iran, |
| 0:45.8 | killing more than 100 children, perhaps more than 150 children ahead. What the Trump administration |
| 0:51.7 | is saying about the strike, what they're not saying, the status |
| 0:55.4 | of the investigation, and the pain of the parents who will never see their children again. |
| 1:04.6 | Welcome to the lead. I'm Jake Tapper. We begin in our law and justice lead, a United |
| 1:09.9 | States Supreme Court decision day left President Donald Trump with multiple losses and one major win that expands the power of the presidency. Let's give you a rundown of the three big cases. First, there's Trump versus Cook. Let's bring out the three cases now. Here we go. First one is Trump versus Cook. |
| 1:28.0 | The Supreme Court rejected, so that's a Trump loss. |
| 1:32.1 | Hold on one second. |
| 1:34.9 | Rejected Trump's attempt to immediately fire Federal Reserve Governor Lisa Cook. |
| 1:39.1 | Trump wanted to fire her over allegations of questionable credibility of mortgage fraud, |
| 1:46.3 | which she denies. In a five-four ruling, the Supreme Court said Cook was entitled to notice and a fair opportunity to respond to |
| 1:51.7 | Trump's claims, but the case is not over because it now heads back to a lower court. Regardless, |
| 1:57.5 | in this case, the Supreme Court's recognized some semblance of the Federal Reserve's independence, |
| 2:02.9 | having been established by Congress as an independent government agency in 1913. |
| 2:06.5 | Okay. |
| 2:07.3 | Next up, in another more significant ruling, Trump v. Slaughter, the court expanded the president's power. |
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