Unitary executive theory (unless it will unduly affect our stock portfolios)

They would do anything for Trump, but they won’t do that at least at the current time:

The Supreme Court on Wednesday allowed Federal Reserve Governor Lisa Cook to keep her job for now and scheduled arguments in January to weigh President Trump’s bid to fire her.

The court in a brief order deferred a decision on the Trump administration’s emergency request to remove Cook from the central bank’s independent board while a lawsuit challenging her dismissal proceeds.

The justices on several occasions have allowed Trump to fire officials at other government agencies, but they also have signaled they believe the Fed is unique and enjoys more protections from presidential intervention. By placing the case on its argument calendar, the court bought itself more time to consider the issue and dealt at least a mild setback to the president.

The move also gives Cook more time to rebut allegations that she misrepresented personal information about two mortgages she obtained in 2021, weeks apart, for homes that her loan documents said would be primary residences.

Trump, who has been pressuring the Fed to lower interest rates since taking office, moved to fire Cook in August, citing the mortgage fraud allegations. He said the alleged conduct called into question her competence and trustworthiness as a financial regulator.

My guess is that the Roberts crew are hoping that the case against Cook collapses so badly that he gives up and they don’t have to explain their ipse dixit about the Fed (or just back down.) I don’t like those odds but what would a Trump lickspittle be without wishful thinking?