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SCOTUS shakes up SEC

Jun 27, 2024

Supreme Court ruling impacts SEC's enforcement, Social Security benefit concerns, economic opportunities for Native Americans, homeownership influence on financial well-being.

12:03

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Quick takeaways

Supreme Court restricts SEC's use of in-house judges, favoring jury trials for fraud cases.

Social Security faces challenges with benefit cuts, highlighting disparities based on homeownership and caregiving responsibilities.

Deep dives

Supreme Court Decision on SEC In-House Tribunals

The Supreme Court ruled that regulatory agencies like the SEC cannot use in-house tribunals for enforcement measures, granting fraud defendants the right to a jury trial. This decision aligns with conservative legal efforts to limit administrative state powers, potentially hindering the SEC's ability to combat financial fraud effectively. The shift towards trial by jury in federal court may lead to longer litigations and lower success rates for agencies with budget constraints.

Intro

4min

Discussion on SCOTUS and Social Security Benefits

3min

Exploring Economic Development and Federal Investments in Tribal Lands

3min

Analyzing the impact of homeownership and childcare expenses on financial well-being

3min

The U.S. Supreme Court dealt a huge blow to the Securities and Exchange Commission today when it ruled against its use of in-house judges to enforce securities fraud laws. We’ll get into why the decision will make the SEC’s job harder and what it could mean for other federal agencies. Plus, we’ll bust a common myth about Social Security and explain why homeownership is key factor in how Americans are faring in this economy.

Here’s everything we talked about today: