Adam WhiteHost
Bennett NussPanelist
Jace LingtonHost
You know, I do love the fact that some podcasts do emergency episodes where they race to the microphone to give you their hot take.

And we do non-emergency episodes where we wait for the dust to settle on everybody else's hot takes before we jump in.

I'll say, first of all, that I was surprised by neither decision, that the Supreme Court's decision in slaughter on the Federal Trade Commission's independence was basically what I expected.

It also happens that I think they are both rightly decided, certainly in the case of slaughter, where the Supreme Court finally held Humphrey's executor unconstitutional, as it was increasingly clear for now nearly two decades it would do eventually.

I think the Chief Justice Roberts is right to grapple with the independence of the Fed from the ground up, seeing the Federal Reserve System not as a regulatory body that happens to also do a little banking on the side.

but as the modern equivalent of a central bank that might have some regulatory powers that need to be dealt with later.

I'll just add, I am fascinated by the debates around whether the court should have reached that question.

I'll say that I don't before kicking it to Bennett to get his opinion before we get into the substantive issues after

You know, I do love the fact that some podcasts do emergency episodes where they race to the microphone to give you their hot take.

And we do non-emergency episodes where we wait for the dust to settle on everybody else's hot takes before we jump in.

I'll say, first of all, that I was surprised by neither decision, that the Supreme Court's decision in slaughter on the Federal Trade Commission's independence was basically what I expected.

It also happens that I think they are both rightly decided, certainly in the case of slaughter, where the Supreme Court finally held Humphrey's executor unconstitutional, as it was increasingly clear for now nearly two decades it would do eventually.

I think the Chief Justice Roberts is right to grapple with the independence of the Fed from the ground up, seeing the Federal Reserve System not as a regulatory body that happens to also do a little banking on the side.

but as the modern equivalent of a central bank that might have some regulatory powers that need to be dealt with later.

I'll just add, I am fascinated by the debates around whether the court should have reached that question.

I'll say that I don't before kicking it to Bennett to get his opinion before we get into the substantive issues after
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