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 months

Recordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.

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Odd Lots · The Fight Over Fed Independence Just Got Taken To a Whole New Level · 12 Jan 2026 podcast

Yeah, I think it's very unclear how this is going to play out at this point.

Um, Jay Powell is somebody with allies on Capitol Hill, um, allies in the Senate Republican caucus.

He is in fact a Republican.

He was in fact nominated to this job by President Trump, and he could fight this and stay in the job.

Um, you know, it

It's hard to know.

Um, and so and and to some extent it's a personal choice for him whether to uh whether to resign in May or now, or to stay in the job.

And it's also early to tell whether there'll be an attempted removal of PAL um the way there was an attempt to remove Lisa Cook.

Yeah, so the cook case is set for all argument in i you know in a matter of days from now at the court, and then the court could um issue uh a decision in that matter anytime um between now and June at the end of its term.

And given the stakes of the case, i you know, often

high stakes cases are decided right at the very end.

You know, June, there's this like, you know, period of tubes when the Supreme Court, you know, issues a lot of important decisions.

I wouldn't be shocked if this case was, you know, um resolved in June.

Uh, when the court will also be considering a case involving Rebecca Slaughter that was argued in December about whether there can be any agencies where the president um

only remove the heads for cause.

And it's expected that the Fed is going to be carved out from a decision that would invalidate those provisions in other statutes.

But if the Fed wasn't carved out and the court decided in that case to just invalidate all of the laws that limit the president's ability to remove officials to situations involving cause, then of course Trump could just fire

Everybody on the board without any reason, and that would moot the Lisa Cook dispute, and she would be removed.

So that case is also likely to be decided in June.

And so those two cases are sort of those are sort of, you know, making their way towards a decision right now.

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