Supreme Court Flexes on Trump, But is the Fed Still Safe? Asking For a Friend

Wait What Even Happened?

Okay so basically the Supreme Court just dropped a ruling that's got everyone scratching their heads harder than when they try to figure out Twitch chat. Remember those two peeps Gwynne Wilcox and Cathy Harris who got the boot from their federal agency boards? Well the Supreme Court kinda said 'Yeah Trump can probably do that,' but then winked and whispered '...unless you're the Federal Reserve.' It's like saying you can raid the fridge but the ice cream is off limits. *Face Palm*.

The Fed: Too Big to Fire?

Apparently the Federal Reserve is a 'uniquely structured quasi private entity' – which basically means it's the VIP of the financial world. The Supreme Court is hinting that firing its board members would be a major no no which is good news for Jerome Powell who's been dodging Trump's Twitter rants like a pro. I mean can you imagine trying to run the economy while also dealing with 'You're fired!' tweets? Talk about a stressful stream. *Sips boba tea*.

Kagan's Sass Level: Expert

Justice Elena Kagan bless her heart wasn't having any of it. She basically called out the majority for making up a special rule for the Federal Reserve out of thin air. She was like 'So you're telling me the Fed is special because...reasons?' It was the legal equivalent of a perfectly timed 'OK Boomer.' I stan a queen who isn't afraid to drop some truth bombs even if they're wrapped in legal jargon. *Chef's kiss*.

Humphrey's Executor: RIP?

There's this old case called Humphrey's Executor (sounds like a horror movie tbh) that's been the basis for protecting federal agencies from presidential meddling for like forever. But the Supreme Court seems to be slowly chipping away at it which is a bit sus. It's like they're saying 'Yeah that rule was cool and all but maybe presidents should have more power? IDK.' FeelsWeirdMan.

So What Does This All Mean?

Honestly? It's a mess. The Supreme Court is basically saying 'Presidents have power...except when they don't...unless it involves the Fed...maybe.' It's like trying to understand the lore of Kingdom Hearts. Good luck with that! But hey at least it gives us something to meme about right? *Starts brainstorming new PogChamp emotes*.

The Real Tea

The Supreme Court tiptoed around the Fed issue probably to avoid sending the stock market into a full blown panic attack. But in doing so they’ve also opened a can of worms about presidential power and the independence of federal agencies. Buckle up chat because this legal drama is far from over. As I always say hydrate or diedrate... and maybe brush up on your constitutional law while you're at it. *Wink*