The wealthy got the ultimate regulatory carve-out for when this bubble pops.
independent commissions
Posted inLaw and Justice
The Assault on Congress’s Anti-Monopoly Solution
By letting presidents fire independent agency commissioners at will, the Supreme Court broke a deliberate diffusion of power that is as old as the Constitution itself.
Posted inTAP
The Court Equivocates on Whom to Deport
Birthright citizenship appears to be OK, but refugees from ‘shithole countries’ gotta go.
Posted inTAP
Two Rulings That Are Impossible to Reconcile
If you believe that presidents get to fire executive branch appointees, there is no logical way for that to only be inapplicable for the Federal Reserve.
Posted inTAP
Will the Court Rule for Trump or for Wall Street?
As the Supreme Court now considers whether Trump can take over the Federal Reserve, we lose either way.
Posted inPolitics
Trump Doesn’t Need DOGE to Kneecap Independent Agencies
While DOGE has fallen by the wayside, many independent agencies that protect the public against corporate and government malfeasance remain hobbled by a lack of quorum.
Posted inTAP
How John Roberts Can Help Trump Control the Fed
Today on TAP: Trump didn’t give a reason for firing other members of independent agencies. Roberts can say he gave one here.
Posted inEconomic Policy
Deregulation Swings the Pendulum Toward Financial Crash
The Federal Trade Commission’s decline is a symptom of a public policy designed primarily to protect asset prices.
Posted inPolitics
DOGE Wants to Make Your Baby’s Crib Unsafe
Three Democratic commissioners have been fired from the Consumer Product Safety Commission, and Trump’s team has its eye on dismantling the agency entirely.
Posted inTAP
So Much for Consumer Product Safety
Today on TAP: Last week, Trump fired the three Democrats on the Consumer Product Safety Commission, and is sacking much of the staff.