Elliot Stein

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Elliot Stein, mentioned 11 times across podcast episodes and expert conversations analyzed by Sonic.

What Elliot Stein has said

Bloomberg Intelligence analyst Elliot Stein believes President Trump can legally remove Jerome Powell as chair pro tem but cannot legally remove him as a Federal Reserve governor.

mixed·Nathan Dean

The Supreme Court ruled that the "for-cause" removal restriction for a Federal Reserve governor requires that the official receive notice and an opportunity to be heard, which was not offered to Lisa Cook.

neutral·Elliot Stein

The Supreme Court's ruling on firing agency heads is a win for the executive branch, as it allows any president to fire commissioners of independent agencies appointed by a previous administration.

neutral·Elliot Stein

Bloomberg Intelligence analyst Elliot Stein believes President Trump can legally remove Jerome Powell as chair pro tem but cannot legally remove him as a Federal Reserve governor.

Expert perspectiveNathan DeanApr 21

Expert perspectiveElliot SteinJun 29

The Supreme Court's ruling on firing agency heads is a win for the executive branch, as it allows any president to fire commissioners of independent agencies appointed by a previous administration.

Expert perspectiveElliot SteinJun 29

In the case of FTC commissioner Rebecca Slaughter, the Supreme Court ruled that the president could fire her and other independent commissioners.

Expert perspectiveElliot SteinJun 29

The CFTC under the Biden administration proposed a rule that would have banned event contracts related to elections and sports.

Expert perspectiveElliot SteinApr 11

Prediction markets argue that their products are derivatives that should be regulated by the CFTC under the Commodity Exchange Act, which preempts state gambling laws.

Expert perspectiveElliot SteinApr 11

The CFTC has filed an amicus brief in the Ninth Circuit in support of the prediction markets, arguing that it, not the states, should regulate the products.

Expert perspectiveElliot SteinApr 11

Federal courts in Ohio, Michigan, and a state court in Massachusetts have issued rulings against Calci and in favor of state regulation.

Expert perspectiveElliot SteinApr 11

The CFTC recently sued Connecticut, Arizona, and Illinois to prevent them from regulating prediction market products as gambling.

Expert perspectiveJune GrossoApr 11

The Ninth Circuit is scheduled to hold arguments next week in cases from Nevada concerning Calci, Robin Hood, and Polly Market.

Expert perspectiveElliot SteinApr 11

The legal battle over prediction markets began when states sent cease and desist letters to companies like Calci, viewing their products as gambling.

Expert perspectiveElliot SteinApr 11

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