Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: ransomnote

This is a big one. Congress tried to write the law on a way that restricted the Presidents ability to choose who runs these agencies. SCOTUS said NO! This will apply to other agencies . Like, the Fed!


3 posted on 04/09/2025 7:53:50 PM PDT by SomeCallMeTim
[ Post Reply | Private Reply | To 1 | View Replies ]


To: SomeCallMeTim
This will apply to other agencies . Like, the Fed!

The Fed is a little different. It's a private bank, outside of the executive branch, that was established by an act of Congress in 1913.

Going back to McCulloch vs. Maryland during Andrew Jackson's term, the Supreme Court has consistently recognized Congressional power to form central banks (under the elastic clause and coinage clause of the constitution).


6 posted on 04/09/2025 8:52:04 PM PDT by Right_Wing_Madman
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson