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If the Supreme Court allows Trump to get away with this and overturn a 1935 precedent, it would have major implications for the Federal Reserve as well. Wall Street might not be happy about that.
I think you would be interested in the history of these "independent agencies" that were created during the FDR administration. The SC found them legal, not because of any constitutional grounds for their existence, but because the SC wanted to find some way to thwart FDR. These types of activist rulings by a conservative court eventually led FDR to try to pack the Court. However "a switch in time saved nine..." when the public rebelled.
The US needs a constitutional amendment setting the number of SC judges at nine.
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