Supreme Court Set to Hand Down Landmark Ruling on Trump-Era Economic Policy Case

Supreme Court to Decide High-Stakes Economic Policy Case The Supreme Court is poised to make a landmark decision on one of the most significant economic policy cases of President Donald Trump's presidency, with implications that could have far-reaching consequences for investors and the US economy. In Cook v. Trump, the justices are set to weigh in on whether the president has the authority to seize control over the Federal Reserve, an independent agency responsible for setting monetary policy. The case has been brewing since 2025, when the White House filed a lawsuit against the Fed, claiming that its actions were unconstitutional. If the Court sides with Trump, it would be one of the most consequential economic policy decisions in federal judiciary history, potentially allowing the president to exert unprecedented control over interest rates and monetary policy. Critics warn that such a decision could have disastrous consequences for investors and the broader economy. "This is a power grab by the White House," said Senator Elizabeth Warren (D-MA), who has been vocal in her opposition to Trump's efforts to take control of the Fed. "If the Court allows this, it would be a catastrophic blow to our economy and our democracy." Supporters of the president argue that he needs greater flexibility to respond to economic challenges. "The Federal Reserve is not above the law," said White House Press Secretary Kayleigh McEnany. "The President has every right to ensure that our nation's monetary policy serves the best interests of American workers and families." Background on the case dates back to 2025, when Trump signed an executive order giving himself authority over the Fed. The move was met with widespread criticism from lawmakers, economists, and experts, who argued that it would undermine the independence of the central bank. The Supreme Court has been deliberating on the case for months, with oral arguments taking place in October 2025. A decision is expected either Monday evening or Tuesday. In anticipation of the ruling, markets have been volatile, with investors anxiously awaiting the outcome. Economists warn that a Trump victory could lead to increased uncertainty and potentially destabilize financial markets. "The stakes are incredibly high," said Dr. James Galbraith, an economist at the University of Texas. "If the Court allows the President to seize control over the Fed, it would be a major blow to our economic system." The Supreme Court's decision will have far-reaching implications for the economy and the nation's monetary policy. As the justices prepare to render their verdict, one thing is clear: the outcome will shape the course of American economic history. Last updated: September 15, 2025 *Reporting by Vox.*