The Supreme Court ruled 6-3 that Trump can fire leaders of independent agencies like the FTC, overturning a 91-year-old precedent — but explicitly exempted the Federal Reserve. Farias is pointing out the self-interested logic of that carve-out: the justices protected the one agency whose decisions directly affect stock markets and bond yields where their own retirement savings sit. The exemption isn't grounded in constitutional text but in a vague historical-tradition argument the dissent called inconsistent. Sotomayor's dissent from the bench warned 'chaos will follow' as agencies meant to be insulated from politics now become substantially more vulnerable to presidential pressure.