Trump's Latest 10% Tariffs Declared Unlawful by US Trade

Summary

NYU law professor Melissa Murray discusses the Supreme Court's shadow docket, the Voting Rights Act ruling, and the legal challenge to Trump's 10% tariffs. She also analyzes the Lisa Cook case regarding Fed independence and promotes her new annotated guide to the U.S. Constitution. The conversation focuses on constitutional law and recent court decisions rather than market or investment themes.

• Melissa Murray explains the shadow docket and its increased use for substantive rulings.
• The Voting Rights Act's Section 2 was further restricted by the Supreme Court.
• A lower court struck down Trump's 10% tariffs under Section 22 and ordered refunds.
• The Lisa Cook case questions presidential removal power over Fed officials.
• The Supreme Court has historically treated the Federal Reserve as different from other agencies.
• Murray's new book aims to make the Constitution accessible to ordinary Americans.
• No actionable trading ideas were offered in the discussion.