"Rule of Law vs. Rule of Billionaires": Supreme Court Says Trump Can Fire Regulators, Except at Fed

[Uncle Joe]

In a 6-3 ruling this week that overturned nine decades of precedent, the Supreme Court granted President Donald Trump the power to fire and replace officials at independent government agencies like the Federal Trade Commission. But in a separate 5-4 decision, the justices ruled that Federal Reserve Governor Lisa Cook can stay in her job as she challenges Trump's efforts to fire her.

The seemingly contradictory rulings suggest a two-tier system of regulation, says Alvaro Bedoya, a former FTC commissioner who was fired by Trump last year. The independence and stability of the Federal Reserve is important to "billionaire Wall Street Bankers," and therefore remains protected, says Bedoya. "But then you have this whole series of other agencies that keep your toys safe, that keep health insurers from robbing people blind, that keep supermarkets from merging to make milk, eggs and beef … even more expensive. The court said that all those regulators can report directly to the president and be entirely beholden to his whims."

[ChicagoTeamster]

1. The Supremes are working for the oligarchs, not Trump. They just made Trump the CEO to ride it through.

But, they see him as a threat to them too so they're limiting his power while granting the wishes of the oligarchs who bought them.