The Supreme Court Considers Presidential Authority

This U.S. Supreme Court Term includes several cases testing how far the president can reshape the economy, whether executive agencies can maintain independence, and when the Court will intervene. Rulings are expected by late June, when the Court finishes its term, though the cases discussed in this article (particularly the challenge to the Trump administration’s tariff regime) could be decided earlier.

The unresolved scope of presidential authority has created business uncertainty regarding pricing, taxes, regulatory tempo, and supply chains. The Court’s decisions could reduce business uncertainty by placing guardrails on that authority, or it could amplify the instability by permitting broad presidential power, even in matters impacting the domestic economy.

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