Monday, June 28, 2010

In Business Case, Court Rules Against Kagan - The Caucus Blog - NYTimes.com

In Business Case, Court Rules Against Kagan - The Caucus Blog - NYTimes.com:

12:51 p.m. | Updated Elena Kagan’s Supreme Court confirmation hearings haven’t even begun, and the score is already 1-0 against her.

The Supreme Court on Monday morning ruled against Ms. Kagan in a case she had argued as solicitor general when it decided that a quasi government agency that audits public companies is unconstitutional. The board’s members are appointed and removed by the Securities and Exchange Commission, and not the president – a violation of Article II of the Constitution, which vests executive power in the president, the court ruled."

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