{"id":114,"date":"2026-07-02T15:09:10","date_gmt":"2026-07-02T15:09:10","guid":{"rendered":"https:\/\/housingshiftnews.com\/?p=114"},"modified":"2026-07-02T15:09:10","modified_gmt":"2026-07-02T15:09:10","slug":"rule-of-law-vs-rule-of-billionaires-supreme-court-says-trump-can-fire-regulators-except-at-fed","status":"publish","type":"post","link":"https:\/\/housingshiftnews.com\/?p=114","title":{"rendered":"\u201cRule of Law vs. Rule of Billionaires\u201d: Supreme Court Says Trump Can Fire Regulators, Except at Fed"},"content":{"rendered":"<div>\n<p>In a 6-3 ruling this week that overturned nine decades of precedent, the Supreme Court granted President Donald Trump the power to fire and replace officials at independent government agencies like the Federal Trade Commission. But in a separate 5-4 decision, the justices ruled that Federal Reserve Governor Lisa Cook can stay in her job as she challenges Trump\u2019s efforts to fire her.<\/p>\n<p>Read more <a href=\"https:\/\/housingshiftnews.com\/?p=110\">Reparations Efforts \u201cSweeping the Country\u201d Despite DOJ Attack on Evanston, IL Groundbreaking Program<\/a><\/p>\n<p>The seemingly contradictory rulings suggest a two-tier system of regulation, says Alvaro Bedoya, a former <span>FTC<\/span> commissioner who was fired by Trump last year. The independence and stability of the Federal Reserve is important to \u201cbillionaire Wall Street Bankers,\u201d and therefore remains protected, says Bedoya. \u201cBut then you have this whole series of other agencies that keep your toys safe, that keep health insurers from robbing people blind, that keep supermarkets from merging to make milk, eggs and beef \u2026 even more expensive. The court said that all those regulators can report directly to the president and be entirely beholden to his whims.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/housingshiftnews.com\/?p=108\">Supreme Court Approves Mail-In Voting, But Trump Keeps Pushing Extremist SAVE Act Ahead of Midterms<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In a 6-3 ruling this week that overturned nine decades of precedent, the Supreme Court granted President Donald Trump the power to fire and replace officials at independent government agencies like the Federal Trade Commission. But in a separate 5-4 decision, the justices ruled that Federal Reserve Governor Lisa Cook can stay in her job as she challenges Trump\u2019s efforts to fire her. The seemingly contradictory rulings suggest a two-tier system of regulation, says Alvaro Bedoya, a former FTC<\/p>\n","protected":false},"author":1,"featured_media":113,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-donald-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u201cRule of Law vs. Rule of Billionaires\u201d: Supreme Court Says Trump Can Fire Regulators, Except at Fed - Housing Shift News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/housingshiftnews.com\/?p=114\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cRule of Law vs. Rule of Billionaires\u201d: Supreme Court Says Trump Can Fire Regulators, Except at Fed - Housing Shift News\" \/>\n<meta property=\"og:description\" content=\"In a 6-3 ruling this week that overturned nine decades of precedent, the Supreme Court granted President Donald Trump the power to fire and replace officials at independent government agencies like the Federal Trade Commission. But in a separate 5-4 decision, the justices ruled that Federal Reserve Governor Lisa Cook can stay in her job as she challenges Trump\u2019s efforts to fire her. The seemingly contradictory rulings suggest a two-tier system of regulation, says Alvaro Bedoya, a former FTC\" \/>\n<meta property=\"og:url\" content=\"https:\/\/housingshiftnews.com\/?p=114\" \/>\n<meta property=\"og:site_name\" content=\"Housing Shift News\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-02T15:09:10+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/housingshiftnews.com\\\/?p=114#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/housingshiftnews.com\\\/?p=114\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/housingshiftnews.com\\\/#\\\/schema\\\/person\\\/1bba10699da16c4e780ac6e60b228e5f\"},\"headline\":\"\u201cRule of Law vs. Rule of Billionaires\u201d: Supreme Court Says Trump Can Fire Regulators, Except at Fed\",\"datePublished\":\"2026-07-02T15:09:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/housingshiftnews.com\\\/?p=114\"},\"wordCount\":215,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/housingshiftnews.com\\\/?p=114#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/housingshiftnews.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/956f341e5b1d59ad5e56d8707bbb9da2.jpg\",\"articleSection\":[\"Donald Trump\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/housingshiftnews.com\\\/?p=114#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/housingshiftnews.com\\\/?p=114\",\"url\":\"https:\\\/\\\/housingshiftnews.com\\\/?p=114\",\"name\":\"\u201cRule of Law vs. Rule of Billionaires\u201d: Supreme Court Says Trump Can Fire Regulators, Except at Fed - 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