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WASHINGTONPOST (Amy B Wang, Violet Jira) - Amazon secretly inflated ad prices, the FTC and 22 states allege in a lawsuit

More than 1 million advertisers were affected, the suit says. The online retailer says the Federal Trade Commission’s claim “fundamentally misunderstands” how its ads work.

NYTIMES (David McCabe, Benjamin Mullin and Lauren Hirsch) - States Prepare Lawsuit to Block Paramount’s Merger With Warner Bros.

State attorneys general are said to be getting ready to file a lawsuit as soon as this week to halt the $111 billion deal, a potential major obstacle.

AXIOS (Andrew Pantazi) - The Supreme Court's favorite branch of government is itself

The Supreme Court spent its just-completed term sidelining Congress and amassing power for the ascendant branches of government: the presidency and the court itself. Why it matters: As the court strips Congress of its power, decisions over people's money, jobs, votes and health shift toward the president and nine justices appointed for life. - After this term, Congress can't insulate regulators from the president, limit political parties' spending or require race-conscious voting districts . The big picture: For decades, conservative lawyers have argued the Constitution grants all executive power to one person: the president. - The theory, called the unitary executive, holds that no one who enforces federal law is independent of the…

NYTIMES (Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Lauren Hirsch, Ian Mount and Christine Zhang) - How the Supreme Court Ushered in Corporate Chaos in D.C.

Though the high court affirmed the political independence of the Federal Reserve, it gave the presidency huge control over dozens of federal regulators.

AXIOS (Courtenay Brown) - 2 Supreme Court rulings treat the Fed as an exception

The Federal Reserve is different. That's the upshot of the Supreme Court's rulings Monday morning. Why it matters: President Trump can't fire Fed governor Lisa Cook for now, a 5-4 court majority held , alongside an opinion that offers a sweeping defense of the central bank's independence. - But the ruling is narrow enough that Trump and future presidents have latitude to fire Fed governors if they can establish legal cause more carefully than Trump did in the Cook case. - The decision came alongside a separate, historic ruling that cleared the way for Trump to fire leaders of the Federal Trade Commission and swept away nearly a century of protections shielding officials at most other independent agencies from presidential removal.…

ABCNEWS - Supreme Court backs Trump firing of FTC member, rolling back 90 years of precedent

The Supreme Court allows President Trump to remove a Democratic member of the Federal Trade Commission for policy reasons, rolling back 90 years of precedent.

WASHINGTONPOST (Justin Jouvenal) - Supreme Court expands Trump’s power over the federal bureaucracy

The justices allowed the president to fire a Democratic member of the Federal Trade Commission, striking down a nearly century-old precedent intended to insulate independent agencies from political influence by the executive.