The Supreme Court Gives Wall Street Its Own Regulator

Last week, the Supreme Court handed down two seemingly contradictory rulings: one, allowing Trump to fire the independent commissioners on the FTC, and the other, protecting the independence of the Federal Reserve from executive whim. To make sense of these two cases, we’re bringing back one of those fired FTC commissioners (and Organized Money MVP) Alvaro Bedoya, host of The Fair Fight with Alvaro and Max.


Together, Matt, David, and Alvaro break down the cases, what effects they’ll have on executive policy, and question the elephant in the room: does regulatory independence even matter in an era of hyper-partisanship? It’s a sobering conversation, but we still find a little room for a little hope, as states start expanding their justice departments in order to pick up the federal government’s slack.