Right is still right, even if you stand by yourself.

Mr. Chief Justice, may it place the court.

This is Hans von Pukovsky, and you're listening or perhaps viewing another episode of Case in Point.

And our title today is the Federal Reserve has a reservation at the Supreme Court.

Just recently, the Supreme Court announced it was taking up the case of Trump versus Cook, which is a very important case about our financial markets, the Federal Reserve, and the Constitutional Authority, the President, as the head of the executive branch to fire Lisa Cook.

Lisa Cook is a member of the Federal Reserve Board of Governors

who has contested President Trump's attempt to fire her. Of course, the very same time this was

happening with Lisa Cook. We saw media and video coverage of President Trump being given a tour by Jerome Powell,

the chairman of the Federal Reserve, of the palatial, may I call them Taj Mahal-like

renovations being made to the Reserve's headquarters in the nation's capital, which is costing

all of you, the American taxpayers, at last

count, $2.5 billion. That's B as in billion. But, you know, the biggest question I have,

and I think a lot of members of the public have, is what is the Federal Reserve? What does it do?

Why are its actions so important to the American economy? I don't really understand it, and I think there are a lot of

other folks that don't either. So here, to explain that today is one of the leading economic

experts in the country, someone who knows all about how the government budget works and doesn't work

when it comes to the financial system of the country, my colleague, E.J. Antony, who, by the way,

is also regularly voted the best dressed guy at Heritage.

Hans, I learned from you, my man.

E.J. is a Heritage Foundation's chief economist and our center for the federal budget, which I will tell you, with all modesty, has the best financial analyst in the business.

He's got both a master's and doctoral degree in economics. He's testified before Congress, numerous state legislatures, the British and his research.

And I have no doubt that you have seen him multiple times on Fox and other networks talking about

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