Supreme Court Says Fed's Cook Can Stay in Role For Now | Bloomberg Businessweek Daily 6/29/2026
Today, Bloomberg's Mike McKee and June Grasso break down the Supreme Court's decision to allow Fed governor Lisa Cook to stay in her role while
Today, Bloomberg's Mike McKee and June Grasso break down the Supreme Court's decision to allow Fed governor Lisa Cook to stay in her role while she fights President Trump's efforts to oust her. Then, former Governor of Indiana Eric Holcomb discusses RAISE US, a joint effort with former Rhode Island Governor Gina Raimondo that aims to develop a strategy around AI's impact on the labor market. Plus, Kikoff CEO Cynthia Chen, breaks down how her app helps consumers build credit and improve low credit scores. Chapters 00:00:00 Bloomberg Businessweek Daily Intro 00:00:46 Quarter-End Market Performance 00:01:37 Supreme Court Rulings & Fed Independence 00:02:29 Wall Street Market Update 00:04:27 Supreme Court Protects Fed Governor Lisa Cook 00:05:02 Expanding Presidential Power Over Agencies 00:05:17 What the Lisa Cook Ruling Means 00:07:54 Rebecca Slaughter Case & Independent Agencies 00:10:08 Debate Over Fed Independence 00:11:30 Could Trump Still Remove Lisa Cook?
00:14:04 Supreme Court Upholds Mail-In Ballot Grace Periods 00:16:04 Preview: Birthright Citizenship & Transgender Sports Cases 00:17:10 Jobs Report Preview & Fed Rate Outlook 00:19:01 Midday Market Check 00:20:55 AI, Jobs & Workforce Transformation 00:22:07 Gov. Eric Holcomb on Preparing Workers for AI 00:24:15 Should AI Companies Shape Workforce Policy? 00:26:08 Balancing Tech Companies & Workers 00:27:57 Lessons from NAFTA for the AI Era 00:30:28 The Urgency of AI Workforce Reskilling 00:31:27 Bipartisan Cooperation on AI Policy 00:32:34 Market Update 00:34:16 Building Credit for Credit-Invisible Americans 00:35:00 Cynthia Chen on the Origins of Kikoff 00:35:47 How Kikoff Builds Credit Scores 00:37:40 Customer Results & Credit Score Improvements 00:38:41 Why Credit Builders Still Matter 00:40:30 Measuring Success Through Home & Auto Loans 00:42:35 Stocks on the Move 00:44:19 MicroStrategy's Bitcoin Strategy Shift 00:46:18 Comcast Spins Off NBCUniversal & Sky 00:48:06 Roblox Shares Surge on Upgrade More on Bloomberg Television and Markets Like this video?
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