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.

Appearances

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

Is bank issues.

So bank regulators are fundamentally involved in monetary policy, broadly construed, no matter no matter which way you slice it.

Thank you for having me back.

Odd Lots · Lev Menand on Trump's Attempt to Fire the Fed's Lisa Cook · 26 Aug 2025 podcast

Thanks for having me back.

No, there have been no firings of members of the Fed board by the president since the Fed Board was first created by Congress in nineteen thirteen and there haven't been any attempts by presidents to remove any officers of the United States for cause in over a century.

And so we're in uncharted waters here in a number of different respects.

So for cause.

One of the legal questions here is what constitutes cause under the statute.

And in federal law, in independent agency law, usually Congress specifies the causes.

And there are three common ones: inefficiency, neglect of duty, and malfeasance in office.

These are the classic causes.

The Federal Reserve Act is unusual for not specifying specific causes but saying

Simply for kaz.

So one issue here is is it just the standard causes or do other things count?

And that's really important because the standard causes all have to do with your conduct and carrying out your job.

Malfeasance in office as opposed to malfeasance out of office.

There was an intent by Congress not to include private misconduct as a ground for presidential removal from office.

And so one question here is whether private misconduct even counts.

I think something that's very clear we should just say up front, allegations of private misconduct definitely don't count.

That does not come within the statute.

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