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Trump Orders New 10 Percent ‘Global Tariff’ After Supreme Court’s Rebuke
The Supreme Court struck down President Donald Trump’s tariffs. Trump responded with…more tariffs. The president said Friday he would sign an executive order to impose a 10 percent “global tariff” under the auspices of a 1974 law that allows presidents to impose tariffs of up to 15 percent for a period of 150 days. “I’m […]
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I Got 99 Delegations, but a Tariff Ain’t One
as analyzed by Justice Kagan’s concurrence in today’s tariff decision: As the principal opinion explains, “regulate” is one of 9 verbs listed in IEEPA’s delegation provision. (The others are “investigate,” “block,” “direct,” “compel,” “nullify,” “void,” “prevent,” and “prohibit.”) Those verbs are followed by 11 objects, each describing a distinct sort of transaction involving foreign property—not […]
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“The Day Will Come When Those Disappointed by Today’s Result” as to Tariffs …
A prediction from the conclusion of Justice Gorsuch’s concurrence in the tariffs decision: For those who think it important for the Nation to impose more tariffs, I understand that today’s decision will be disappointing. All I can offer them is that most major decisions affecting the rights and responsibilities of the American people (including the […]
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The Income Defense Manifesto: 7 Critical Strategies to Compare Disability Insurance Quotes, Hack Your Premiums, and Secure Your Financial Soul
Executive Summary: The Silent Financial Insurgency In the grand theater of personal finance, a dangerous cognitive dissonance prevails. We meticulously insure our physical assets—our homes against fire, our cars against collisions, and our bodies against medical expenses—yet we routinely neglect the very engine that powers this entire ecosystem: our ability to earn an income. The […]
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“Our Founders Understood That Men Are Not Angels, and We Disregard That Insight at Our Peril When …”
A nicely crafted passage from Justice Gorsuch’s concurrence defending of the “major questions doctrine” (the principle that “ambiguous language” in a statute shouldn’t be seen as delegating “highly consequential power” to the Executive Branch, even if it can be read as delegating lesser power) in today’s tariffs case. And here are the two following sentences: […]
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The Supreme Court Just Struck Down Trump’s ‘Emergency’ Tariffs
President Donald Trump’s use of sweeping “emergency” powers to impose tariffs is unlawful, the U.S. Supreme Court has ruled. In an opinion released Friday, Chief Justice John Roberts said that Trump’s unprecedented use of the International Emergency Economic Powers Act (IEEPA) to place tariffs on many U.S. imports extended beyond the president’s “legitimate” powers. The […]
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“No Recipe for a Republic”
Another nicely crafted passage from Justice Gorsuch’s concurrence today in the tariff case, further defending the “major questions doctrine”—the principle that “ambiguous language” in a statute shouldn’t be seen as delegating “highly consequential power” to the Executive Branch, even if it can be read as delegating lessers power: Another feature of our separation of powers […]
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Even Without the ‘Emergency’ Powers SCOTUS Rejected, Trump Has a Bunch of Tariff Options
President Donald Trump suffered a major setback today at the Supreme Court, which rejected his claim of sweeping tariff authority under the International Emergency Economic Powers Act (IEEPA). Trump could have avoided that embarrassing defeat if he was not so keen on asserting broad, unbridled powers based on a dubious legal interpretation, which is part […]
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How the Epstein Files Became the Ultimate Conspiracy Theory
Today’s guest is Michael Shermer, founding publisher of Skeptic magazine and author of the new book Truth: What It Is, How to Find It, and Why It Still Matters. Shermer explains how the release of the Epstein files has fueled conspiracy thinking, particularly through guilt by association and pattern seeking. He explains why ambiguous evidence […]
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Fintech Markets Split Between IPO Freeze and Selective Rallies
The fintech sector is once again confronting a more cautious capital market environment. This week, Clear Street withdrew its planned U.S. IPO filing, according to Reuters. The move reflects a broader reassessment of risk across equity markets, particularly in growth-oriented financial technology firms. Rising uncertainty around valuations, shifting rate expectations, and uneven earnings across the […]
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