SCOTUS in Cook relied on the precedent of the Banks of the United States to uphold the Fed’s independence. But that’s historical amnesia: The BUS was ultimately rejected as unconstitutional in 1841, because it was thought by Congress to be unaccountable to democracy. prawfsblawg.com/cook-v-trump...
Cook v. Trump and the Banks of the United States as a Case Study in Judicial Amnesia: How Judges Selectively Forget Dissensus in Minting New Political Precedents
The SCOTUS has lately been going long on the idea that post-enactment political precedents can settle constitutional controversies. Their latest investment in this principle is Trump v. Cook’s idea…
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