Trump Grabs Agency Power & J&J Bankruptcy Trial

Cary Coglianese, a law professor and regulatory expert from the University of Pennsylvania, discusses the implications of Trump's recent executive order empowering the president over independent agencies like the SEC. Steven Church, a Bloomberg bankruptcy reporter, dives into Johnson & Johnson's attempt to navigate thousands of lawsuits through bankruptcy. The conversation reveals concerns about agency autonomy and the complexities facing victims of corporate decisions, especially as J&J seeks a $9 billion settlement amidst ongoing legal battles.