In a declaration to SCOTUS, Scott Bessent confesses that what Trump has claimed were trade "deals" are really just "frameworks" that are not yet binding, and the investments and purchases cited in them are a fraction of the $15 trillion dollars in investment he has claimed they include. The post Scott Bessent Fact Checks Donald Trump’s Lies about Tariffs appeared first on emptywheel.| emptywheel
A month ago, Scott Bessent was counting on delay at SCOTUS to get them to agree to uphold Trump's illegal tariffs. Now, Trump is declaring that "TIME IS OF THE ESSENCE," perhaps because Congress might soon realize the tariffs are killing the economy. The post In Batshit Rant Trump Seems to Beg John Roberts to Rule before Full Brunt of His Tariffs Hits appeared first on emptywheel.| emptywheel
Scott Bessent confessed to Larry Kudlow how the Trump Administration is trying to sustain their illegal tariffs: by collecting enough revenue from them (and lying about how much they're really collecting) that SCOTUS won't dare uphold the law.| emptywheel
In an opinion that tries to cloak his power grab with an appeal to President Washington, John Roberts has suffocated the greatest thing Washington gave the United States, the presumption that Presidents would cede to the power of elections.| emptywheel