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What attacks could a president perform? An R congress will plant their heels. Even attempting to clean up malfeasance and nepotism at the SEC, "the President d
by imglorp 11y ago
What attacks could a president perform? An R congress will plant their heels. Even attempting to clean up malfeasance and nepotism at the SEC, "the President does not possess the power to fire the appointed Commissioners, a provision that was made to ensure the independence of the SEC."
https://en.wikipedia.org/wiki/U.S._Securities_and_Exchange_Commission#Commission_members https://en.wikipedia.org/wiki/U.S._Securities_and_Exchange_C...
- Unklejoe 11y agoI personally doubt the president could do anything, but I'm mainly talking about the irrational fears of people.
- imglorp 11y agoTrue. On the other hand, suppose we had a 100pct trustworthy marketplace (unlike now). Wouldn't that spur investment and boost the markets? The only thing we get with the current system is rich wall street execs.
- cataphract 11y agoI'm sure President Trump would appoint a justice that would be fond of the "unitary executive" theory. The 10th Circuit rejected that theory (Blinder, Robinson & Co., SEC v., 855 F.2d 677 (10th Cir. 1988)), but who knows what could happen.