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The court’s ruling against Trump’s firing of Fed board member Lisa Cook came on the same day that it further cemented his sweeping powers to fire other senior government officials. AP Photo/Mark Schiefelbein

Federal Reserve independence secures an important, but not final, victory at US Supreme Court

The court’s narrow opinion backing Fed governor Lisa Cook against Trump referenced the Fed’s vital role in steering the US economy.
Can President Donald Trump – or any president – fire the heads of independent agencies created by Congress? Douglas Rissing/iStock via Getty Images Plus

Supreme Court ignores precedent instead of overruling it in allowing president to fire officials whom Congress tried to make independent

Can the president fire leaders of more than 50 independent agencies overseen by Congress because he wants to? The Supreme Court may say yes, upending decades of constitutional law.
President George Washington delivers his first inaugural address in April 1789 in New York City. Painting by T.H. Matteson, engraving by H.S. Sadd, via Library of Congress

George Washington, a real estate investor and successful entrepreneur, knew the difference between running a business and running the government

The first president realized that working with Congress – not alone or against it – was the best way to actually create an efficient federal government.
A worker removes letters from the U.S. Agency for International Development building. Kayla Bartkowski/Getty Images

Trump administration sets out to create an America its people have never experienced − one without a meaningful government

The US economy has always been a mix of government regulation and market forces. The balance between those has shifted over time, but never has one side or the other been substantively removed.
Keurig, maker of K-Cup single-use coffee pods, was recently fined for claiming the pods were recyclable. Dixie D. Vereen/For The Washington Post, via Getty Images

Can you trust companies that say their plastic products are recyclable? US regulators may crack down on deceptive claims

As concern about plastic pollution mounts, the federal government is revising its standards for calling products recyclable. A recent fine against Keurig could be a sign of things to come.
Banking regulations haven’t caught up with gift cards, which fraudsters are using to steal money from people in ways that are difficult to trace or reverse. The Conversation

Gift card scams generate billions for fraudsters and industry as regulators fail to protect consumers − and how one 83‑year‑old fell into the ‘fear bubble’

Consumers lose more than $5 billion a year to fraud involving gift cards, while the industry exploits regulatory loopholes and delays solutions.
IBM executive Christina Montgomery, cognitive scientist Gary Marcus and OpenAI CEO Sam Altman prepared to testify before a Senate Judiciary subcommittee. AP Photo/Patrick Semansky

How can Congress regulate AI? Erect guardrails, ensure accountability and address monopolistic power

Figuring out how to regulate AI is a difficult challenge, and that’s even before tackling the problem of the small number of big companies that control the technology.

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