SCOTUS to expand presidential control over independent federal agencies

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00:00The Supreme Court seems likely to expand the power of the president over independent federal

00:04agencies. Monday's oral arguments stemming from President Trump's attempt to fire Federal Trade

00:10Commission member Rebecca Slaughter could result in overturning a 90-year-old precedent.

00:15The original ruling placed limitations around when presidents can fire independent agency board

00:20members, and the court's conservative majority seem to suggest that they're ready to get rid of

00:25it. In fact, Chief Justice John Roberts called the older ruling a, quote, dry husk, apparently meaning

00:32it wasn't relevant anymore. This would seem like great news for the president, but even if they

00:36decide this case in his favor, the impact may not be as sweeping as he'd like. The justices signaled

00:43that they will look at the Federal Reserve differently. You see, this isn't just about the

00:47FTC. Overturning this ruling could pave the way for Trump or any president after him to make some big

00:53changes. Specifically, in the case of President Trump, he also wants to fire Federal Reserve

00:58Governor Lisa Cook. The thing is, that move could have negative economic impacts, and the court seemed

01:04to be a little more cautious when it came to that. Now, SCOTUS will hear separate arguments about that

01:09Federal Reserve case in January, and a ruling on this case is expected in June.