What’s at stake: The Supreme Court struck down the White House’s sweeping tariff regime that went into effect last April in a 6-3 ruling. Expert quote: “The Government cannot identify any statute in which the power to regulate includes the power to tax.” — Supreme Court Chief Justice John Roberts, writing for the majority. Forward […]
Supreme Court strikes down Trump’s ‘Liberation Day’ tariffs Read More »
The U.S. Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House. Processing Content Voting 6-3, the court said Trump exceeded his authority by invoking a federal emergency-powers law to impose his “reciprocal” tariffs across the globe as well
Trump’s global tariffs struck down by U.S. Supreme Court Read More »
Employees at the Consumer Financial Protection Bureau are bracing for mass layoffs now that Congress has slashed the agency’s budget in half and the Supreme Court gave the Trump administration the go-ahead to gut federal agencies. Acting CFPB Director Russell Vought is expected to issue a reduction in force, or RIF, immediately after an appellate
Budget bill, SCOTUS give ‘clear path’ to CFPB firings Read More »
Bloomberg News The Supreme Court’s ruling allowing President Trump to proceed with mass firings of federal employees does not directly affect the Consumer Financial Protection Bureau, according to the CFPB’s employee union, which is fighting workforce reductions at the agency in court. The CFPB’s union has a separate case pending before a panel of the
Supreme Court ruling won’t directly impact CFPB case Read More »