Tag Archives: Jerome Powell

Raw Story: ‘Rubber-stamping’ Supreme Court just shot itself in the foot: analyst

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Legal experts are claiming that the U.S. Supreme Court may come to regret its emergency “shadow docket” decision allowing President Donald Trump to fire members of two federal boards — a move that was considered illegal.

Without hearing the merits of the case, the court issued its ruling Thursday that permitted Trump to fire a member of the National Labor Relations Board and a member of the Merit Systems Protection Board, an agency that ensures federal employment decisions are not influenced by politics.

In a preview of Slate’s “Amicus” podcast, legal journalist Mark Joseph Stern exclaimed, “He illegally fired people, and the Supreme Court just rubber-stamped it!”

Stern explained that the 6-3 ruling along conservative and liberal lines will empower Trump “to disregard the law in areas where the Supreme Court doesn’t want him to. And eventually, when the Supreme Court tells him he can’t do something, he might just say: You’ve already given me so much power that I’m going to choose not to respect yours any further.”

…

“So, magically, this decision does not apply to Jerome Powell, who gets to remain chair of the Fed.”

Raw Story: ‘Rubber-stamping’ Supreme Court just shot itself in the foot: analyst

https://www.rawstory.com/scotus-decisions

Telegraph: Trump’s attempt to upend the global order has already been defeated

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America has emerged from the trade war as an international laughing stock

Characterised by screeching handbrake turns, made-up policy on the hoof and mixed-messaging on steroids, it’s been another week of chaos in Washington.

If anyone knows what on Earth it is that the US is trying to achieve on trade, and much else besides, then I’d like to hear from them, because having come to the US capital in the hope of garnering some insights, I’m none the wiser.

What’s now increasingly obvious, however, is that Trump is in ragged retreat; he’s compromising all over the shop, such that if the plan was to upend the established global order, one can almost definitely say that, beyond the rhetoric, it is already over.

Rank lack of professionalism and organisation has defined the endeavour all along, and now it’s coming apart at the seams. Sensing an administration on the run, no one is any longer hurrying to do a trade deal with the US. From Britain to Canada and beyond, getting the right deal rather than a quick one has become the new mantra.

Trump has in the meantime made himself – and the US – into an international laughing stock, never mind the damage that policy uncertainty is inflicting on the global economy. You’d be forgiven for thinking that chaos is itself the policy goal.

Repeatedly forced to row back on its demands and aspirations, the White House has been left looking back-footed and ridiculous.

Trump’s attempt to upend the global order has already been defeated
America has emerged from the trade war as an international laughing stock

https://www.telegraph.co.uk/business/2025/04/26/trumps-attempt-to-upend-the-global-order-defeated

Raw Story: ‘An affront to our great Indian population’: Trump rages as school ordered to swap mascots

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President Donald Trump on Monday weighed in on what he called a “very important issue” creating waves in a small Long Island community after the Massapequa School Board asked the MAGA leader to help them keep their district’s Native American logo.

“I agree with the people in Massapequa, Long Island, who are fighting furiously to keep the Massapequa Chiefs logo on their Teams and School,” Trump wrote in a Truth Social post. “Forcing them to change the name, after all of these years, is ridiculous and, in actuality, an affront to our great Indian population.”

Let the Indians speak up for themselves, if they think the Massapequa Chiefs logo is such a great honor. Apparently they don’t, nor do they need a meddlesome wannabe dictator speaking on their behalf.

‘An affront to our great Indian population’: Trump rages as school ordered to swap mascots
President Donald Trump on Monday weighed in on what he called a “very important issue” creating waves in a small Long Island community after the Massapequa School Board asked the MAGA leader to help them keep their district’s Native American logo. “I agree with the people in Massapequa, Long Island, who are fighting furiously to keep the Massapequa…

https://www.msn.com/en-us/news/politics/an-affront-to-our-great-indian-population-trump-rages-as-school-ordered-to-swap-mascots/ar-AA1DlurY

The Telegraph: If you think it’s alarming now, just wait for Trump to wreck the bond market

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The White House’s push for for expanded presidential power threatens US economic stability

Donald Trump is systematically purging every US government institution, a pattern familiar to anybody who has studied the caudillo regimes of Latin America, or the playbook of today’s Putin-Orbán-Erdoğan prototypes.

It is a racing certainty that he will soon do the same to the Federal Reserve, forcing the central bank to cut interest rates into the teeth of rising inflation, with epic consequences for the world’s dollarised financial system and for €39 trillion (£33 trillion) of offshore dollar debt contracts and swaps.

Late last week he fired the head of the National Security Agency and its top officials at the behest of Laura Loomer, a fringe conspiracy theorist, who whispered into Trump’s ear that they were disloyal to the Maga movement.

He has already fired the heads of the FBI’s intelligence division, its counterterrorism division and criminal investigations division, as well as the heads of the Washington and New York offices.

He has fired the top brass of the US military, starting with a preemptive strike on the chairman of the joint chiefs of staff. An earlier chairman – General Mark Milley – refused to ratify Trump’s attempted coup d’etat on Jan 6 2021.

“We don’t take an oath to a king, or to a tyrant or dictator, and we don’t take an oath to a wannabe dictator. We take an oath to the constitution,” said Milley in his parting shot.

But Trump also fired the three judge advocates general, who are legally independent by Congressional statute and have the authority to decide which military orders should be disobeyed – such as Trump’s order to “just shoot” American protesters, on American soil, during the Black Lives Matter saga.

That obstacle will not recur. Pete Hegseth, the defence secretary, said the three judges had been sacked to stop them posing any “roadblocks to orders given by the commander-in-chief”.

You can go through the list, agency by agency, extending to the universities and private law firms, and even to the muzzled editorials of some of America’s once great newspapers: the purge is Bolshevik in ambition.

Does anybody in their right mind think that Trump will spare the Fed’s Jerome Powell as the two men gear up for an almighty clash over US monetary policy? “CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!” bellowed Trump in capital letters on Truth Social on Friday.

If you think it’s alarming now, just wait for Trump to wreck the bond market
The White House’s push for for expanded presidential power threatens US economic stability

https://www.telegraph.co.uk/business/2025/04/08/trump-sell-off-is-bad-wait-until-wreck-us-bond-market