On June 29, the U.S. Supreme Court did something incredibly schizophrenic—
The same group of justices, on the same day, issued two completely opposite rulings.
First: 5 to 4, blocking Trump from firing Federal Reserve Board member Cook.
For the first time in the Fed's 111-year history, a president tried to remove a Fed board member, and was stopped by the court.
On the other side: 6 to 3, overturning a 1935 precedent that had stood for 91 years, ruling that the president can freely dismiss officials from independent agencies like the Federal Trade Commission.
Get it?
The Supreme Court made an