If Independent Agencies Are Unconstitutional, so Is the Fed
Posted by freedomforall 1 week ago to Government
Excerpt:
"The Supreme Court has been systematically dismantling the modern administrative state. In several decisions, the justices have pushed back against the idea that executive-branch agencies can be insulated from presidential oversight. The constitutional principle is straightforward: Executive power must be accountable to the president.
Yet the court has hesitated to apply this logic to the Federal Reserve, easily the most important independent agency. That exception is increasingly hard to defend."
"The Supreme Court has been systematically dismantling the modern administrative state. In several decisions, the justices have pushed back against the idea that executive-branch agencies can be insulated from presidential oversight. The constitutional principle is straightforward: Executive power must be accountable to the president.
Yet the court has hesitated to apply this logic to the Federal Reserve, easily the most important independent agency. That exception is increasingly hard to defend."
All Comments
- 1Posted by mccannon01 4 days, 16 hours agoVery nicely stated argument, but are the powers that can make a difference even listening? The creature from Jekyll Island has long tentacles.| Permalink
