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
were constructed led to a bias in central bank policy towards certain interests.
But the solution to that problem isn't let's bring in the president.
That will make the central bank policy more appealing and appropriate.
Thank you for having me.
So great to be here.
I think something big is happening in the federal government right now where the president is asserting unprecedented powers over parts of the government that, for in some cases, over a century, have operated with a certain amount of separation from presidential day to day direction.
And that threatens to upend.
government policy across a range of dimensions, but in one area in particular, the consequences could be felt immediately.
And that is with respect to the Federal Reserve.
Yeah, let me tell you why that FTC firing was a particularly big deal.
There's a Supreme Court case on the question of whether the president can fire commissioners on the FTC without cause, the way Trump asserted the power to do the other day.
And that is the bedrock precedent that pertains to the Federal Reserve.
It's called Humphreys Executor.
It was decided by the court in 1935.
And it reigned in and largely reversed or cabinet to its facts, a famous decision from 1926 called Myers versus the United States, that Roosevelt, President Roosevelt, FDR, had relied on to try to fire a member of the FTC.
And the Supreme Court in nineteen thirty-five said, Nope, you can't do that.
That case isn't gonna stand for that anymore.
And we've built up a whole system of government around this understanding.
And here Trump is inviting the Supreme Court to overrule this bedrock precedent.
All the constitutional actors oversee the independent agencies.
Showing 661–680 of 1,295 · page 34 of 65
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