Experts predict steep tariffs could lead to a recession this year.
The Trump administration is focused on testing Humphrey’s Executor, a 90-year-old legal precedent that requires cause for firing independent agency appointees.
The European Union is facing a very different economic situation than the United States, and tariffs play a big role in that.
High tariffs could spur inflation and hold back employment, pulling the Federal Reserve in different directions on interest rates.
“I continue to hold out hope that the administration, the Supreme Court, they don’t want an economic recession,” says legal expert Leah Litman.
And that will impact businesses, the housing market and consumers.
The main difference is inflation.
White House seeks sway over FCC, FEC, FTC and some Fed operations. Politics professor Sarah Binder says it “grabs power from Congress.”
Unemployment was at 4.0% in January 2025. Since WWII, it’s never gone lower than 2.5% — which it reached for two months, in 1953.
The new administration hopes that energy dominance and government efficiency can bring down borrowing rates.