Law Professors Argue for Expedited Reversal of FTC Firings
President Donald Trump’s recent firings at the FTC threaten agency independence and economic stability due to the potential impact on the Federal Reserve, a group of law professors said in a filing Friday, arguing for a reversal of the dismissals (see 2504180046).
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Harvard's John Coates and Columbia's Jeffrey Gordon, Kathryn Judge and Lev Menand submitted the amicus brief to the U.S. District Court for the District of Columbia, asking for expedited summary judgment.
The firings of FTC Commissioners Rebecca Kelly Slaughter and Alvaro Bedoya are illegal based on U.S. Supreme Court precedent set in Humphrey’s Executor, they said. The independence of the FTC and the Federal Reserve rests on firing protections, they said: “Denying the plaintiffs’ motion would immediately call into question the Fed’s independence from the White House, with potentially adverse consequences for economic and financial stability.”