Leah Lipman

Thanks so much for having me.

Thanks so much for having me.

Yes, absolutely.

Yes, absolutely.

And if only I could manifest everything the Supreme Court would do.

And if only I could manifest everything the Supreme Court would do.

But yes, so the case they're hearing tomorrow is the president is purporting to operate kind of within the strictures that they gave him.

But yes, so the case they're hearing tomorrow is the president is purporting to operate kind of within the strictures that they gave him.

They said Congress can limit fraud.

They said Congress can limit fraud.

the circumstances under which presidents can fire governors of the Federal Reserve Board to what's called good cause.

the circumstances under which presidents can fire governors of the Federal Reserve Board to what's called good cause.

And the president is claiming to have good cause for firing Lisa Cook.

And the president is claiming to have good cause for firing Lisa Cook.

And so it's really going to be about the extent to which the court is willing to review the president's claims to have good cause.

And so it's really going to be about the extent to which the court is willing to review the president's claims to have good cause.

And that's, of course, going to be bound up into, I think, their really felt need to continue to allow the Fed to make independent monetary policy.

And that's, of course, going to be bound up into, I think, their really felt need to continue to allow the Fed to make independent monetary policy.

Right.

Right.