Supreme Court Faces High-Stakes Week

Summary

Bloomberg Supreme Court reporter Greg Stohr discusses two high-stakes cases this week: President Trump's attempt to fire Fed Governor Lisa Cook and his executive order restricting birthright citizenship. Arguments in both cases did not go well for the president, and the court appears likely to rule against him on both issues.

• Justices are expected to rule on Trump's bid to remove Fed Governor Lisa Cook, a case with implications for Fed independence.
• Oral arguments in January suggested conservative justices were skeptical of Trump's removal power before Cook could defend herself.
• The court may issue a narrow decision keeping Cook in office without fully defining removal power.
• A related FTC commissioner case could lead the court to grant the president more removal power over independent agency heads, while distinguishing the Fed.
• The birthright citizenship case challenges an executive order that would limit citizenship to children born to citizens or green card holders.
• Justices raised concerns about constitutionality, administrability, and far-reaching implications of the order.
• Both decisions are expected this week, likely between Tuesday and Thursday, as the Supreme Court aims to finish its term.