Lev Menand
speaker
1,295 appearances
6 recordings
1 series
first heard Jan 2025
last heard 17 Jul
Lev Menand’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.
Appearances
And then inexplicably they've said, but it's okay for monetary policy.
They're undermining the norms that support actually independent agencies in doing this.
And the carve out, the Cook decision is five, four, and there are only two out of nine justices that think the outcome makes sense.
So seven justices think differently.
Yeah, so Justice Kagan, Justice Sotomayor, and Justice Jackson join Roberts and Kavanaugh to make the five in favor of Lisa Cook.
But they, of course, are dissenting in slaughter.
They're the three justices dissenting there.
They don't think slaughter makes sense.
So they don't think the Fed... The car vet doesn't make sense of them.
They just think the Fed is...
constitutional, just like the FTC is constitutional.
And so there are only two justices that think that the FTC is not constitutional, but the Fed is, at least who have announced themselves.
Thomas has gone out and said, I think the Fed has to go.
The other ones have not fully put their cards on the table, but they voted against Lisa Cook.
And so even if they ultimately endorse some carve out, they thought that Trump should be able to remove her during the pendency of the litigation, which means whatever central bank independence they ultimately potentially endorse, if they were to ultimately join on the carve out, would be like not serious independence.
So it's only Kavanaugh and Roberts that really...
by this equilibrium, which suggests this is an unstable equilibrium that's very dependent on the current composition of the court.
And that, you know, Roberts and Kavanaugh are youngish by the U.S.
government standards, but they will not serve forever.
And it is hard to imagine that this
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