Tariffs, Trump, and a 50-Year-Old Mistake
The Court Draws a Line and Trump Pulls Out a Loophole. Will Congress Respond?
The Supreme Court did something Friday that Congress should have done decades ago: it told a president that emergency powers are not a blank check.
On February 20, 2026, in Learning Resources, Inc. v. Trump, the Court ruled that the International Emergency Economic Powers Act (IEEPA), a Cold War statute meant for targeted financial sanctions, does not au…
