International Emergency Economic Powers Act (IEEPA)

regulation

Last mentioned: 2d ago

Timeline

  1. Supreme Court Ruling

    SCOTUS strikes down the tariffs, ruling the executive branch overstepped its constitutional authority.

  2. Tariff Implementation

    The Trump administration uses IEEPA to impose sweeping tariffs on global imports.

  3. Katyal Appointment

    Neal Katyal is appointed Acting Solicitor General of the United States by President Obama.

  4. IEEPA Enacted

    Congress passes the International Emergency Economic Powers Act to manage foreign threats.

Stories mentioning International Emergency Economic Powers Act (IEEPA) 1

Financial Regulation Bullish

Supreme Court Overturns Trump Tariffs in Landmark Neal Katyal Victory

The U.S. Supreme Court has struck down President Donald Trump’s sweeping import tariffs, ruling that the executive branch overstepped its authority under the International Emergency Economic Powers Act (IEEPA). Led by former Acting Solicitor General Neal Katyal, the legal challenge successfully argued that the power to impose taxes remains the exclusive domain of Congress.

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