Update 907 — SCOTUS Kicks Tariff Tires:Extent of Exec. Trade Authority at Stake Yesterday, the Supreme Court heard oral arguments in what Trump this week called “the most important case ever,” as the Court weighs the constitutionality of Trump’s tariffs, relying on the International Emergency Economic Powers Act (IEEPA) as a legal basis. Even some …
Update 900 — Sup. Court and the Economy:Docket Includes Tests of Trump’s Authority On Monday, the Supreme Court began its new term, with a docket that includes several cases pivotal for the Trump administration’s economic agenda. Among these cases are ones challenging the President’s tariffs, his authority to fire heads of agencies such as the …
Update 899 — Shutdown in Stalemate;Trump Resorts to Partisan Scare Tactics The government funding stalemate for the fiscal year starting October 1 resulted in a shutdown this week with no end in sight. Meanwhile, the Trump administration took a partisan turn, canceling infrastructure funding in blue cities/states and using agency web pages and email autoreplies …
Update 892 – SBC OK’s Miran for Fed;Court Allows Cook to Remain on Board President Trump’s effort to stack the board of the Federal Reserve with friendly voices advanced today as Stephen Miran, Chair of the White House Council of Economic Advisors, was confirmed by the Senate Banking Committee to a seat on the Federal …
Update 884 – Trump/Powell Tete a Tete, Japan Deal, EO on AI, Noms Lead Week President Trump continued his ongoing pressure campaign against Federal Reserve Chair Jerome Powell in a highly unusual hard-hat clad tete-a-tete to tour the Fed’s Washington D.C. building renovations yesterday afternoon. Trump called on the Fed to lower interest rates ahead …
Update 872– The Trump-Musk Meltdown:Elon Attacks OBBB… But to Any Effect? Yesterday, President Trump and Elon Musk’s disagreement over the projected deficit impact of Trump’s reconciliation package erupted into public view on social media. While the dust seems to have settled somewhat as of today, this split raises questions about Musk’s political influence going forward. …
Update 871 – Tariffs’ Court Battles;Musk Mission Ends in Fiscal Failure Trump’s trade agenda hit a major but tentative roadblock this week as two courts halted many of his tariffs, ruling his use of emergency powers “unlawful.” As the appeals process unfolds, the administration is able to maintain its tariff rates, but its long-term survival …
Update 861 — DOGELess Barking But Still Biting DOGE’s initial visibility, assault on the civil service, budget cuts, and firings drew unwanted scrutiny and criticism, making it the focal point for the backlash against Trump, Musk, and the GOP’s efforts to reshape the federal government. Since then, the Trump administration’s actions, from immigration to tariffs, …
Update 793 – Court Scraps 1984 Precedent:Chevron Gone; Court Term’s Unsettling Finale The Supreme Court’s 2023-24 term ended this week on an ominous note, with Chief Justice Roberts’ ruling on behalf of a 6-3 majority in Trump v. United States (2024) that the President enjoys absolute immunity from criminal prosecution for actions within his conclusive …
Update 793: Chevron Gone; Court Term’s Unsettling Finale Read More »
