
Court expands presidential reach over agencies while keeping Fed independence and tariffs in check
The Supreme Court rulings give Trump more leeway to act quickly within federal agencies—especially on immigration and staffing—while denying a broad sweep of tariff authority under IEEPA and preserving limits on firing a Federal Reserve governor; the court also carved out a path for future presidents to overhaul major regulators, potentially increasing policy swings and market uncertainty, with tariffs and monetary policy as the key watch points.










