The Executioner of Humphrey’s Executor | Bank Nerd Corner

Bank Nerd Corner welcomes Mike Silver, a partner at Spencer Fane, for a deep dive into two landmark recent Supreme Court decisions that promise to reshape the administrative state and financial regulation. Mike explains the facts, arguments and potential impacts of the Trump v. Slaughter decision, which ruled 6-3 that President Donald Trump could remove FTC Commissioner Rebecca Slaughter without cause. Mike and Kiah discuss Trump v. Cook, a case with similar facts and was announced on the same day. The Court reached the opposite conclusion for Federal Reserve governors, carving out a historical-tradition exception that Silver points out is inconsistent with Slaughter. The two discuss the layered regulatory uncertainty now facing financial services companies and what a practical compliance posture looks like at a time when a consistent regulatory environment feels impossible. --- Fintech Takes Banking is the weekly newsletter for bank execs who get it. Subscribe for the latest in regulation, tech, financials, operations and, yes, accounting, straight to your inbox: ⁠⁠⁠⁠https://fintechtakes.com/banking/news... --- And be sure to check out the Bank Nerd Corner YouTube channel for more great episodes!    / @banknerdcorner   --- Follow Mike Silver on LinkedIn: ⁠⁠⁠⁠  / mike-g-silver-a998441   Follow Kiah LinkedIn:⁠⁠⁠   / ⁠⁠⁠   Twitter:⁠⁠⁠   / khaslett⁠⁠