The Federal Reserve Board is composed of 7 members removable by #POTUS only for cause. #SCOTUS upheld the constitutionality of such independent agencies in Humphrey’s Executor v. US. But that case was undermined by the #SupremeCourt decision in Trump v. Wilcox to allow the removal of a member of the NLRB. Now, Trump has fired a member of the Federal Reserve Board. Will the Court uphold the Board’s independence in Trump v. Cook? #law #history #economics

senatormoobs.substack.com/p/th…

The Lender of Last Resort

In which J.P. Morgan saves the day

^{Senator Moobs (Swak Days)}

@mahadevank

(2/3)

...remprimanded for this.

I have a hunch that #Trump and #Hegseth will be gleefully chuckling inside...

The two most intelligent of the four, #SteveBannon and #JDVance for similar reasons.

#Trump, because it reinforces his #Messianian status and #Hegseth because as a potential successor as #POTUS this would also reinforce his potential standing-to-be, just as the #Apostles' in the #Christian #Church and...

@BrianJopek