Market Stability & Regulatory Landscape - Fundamental institutions protect market stability [1] - Independent financial regulators ensure market stability and economic continuity [2] - Transformation of independent agencies (SEC, FTC, Fed) into political actors is a concern [2] AI & Market Risks - Market participants are heavily invested in AI, potentially ignoring underlying risks [2] - An AI bubble burst is anticipated, described as a "when," not "if" scenario [2] - Ignoring warning signs can have significant consequences, as seen in the past [2] Legal & Political Concerns - The president defying 90 years of Supreme Court precedent and congressional law is a concern [2] - The removal of commissioners could further politicize institutions [2]

Another chapter unfolding in the attempted firing of FTC Commissioner Rebecca Kelly Slaughter. Lower courts ordered her reinstatement earlier this week, but last night, President Trump asked the Supreme Court to pause that as he appeals the case, effectively asking for permission to fire her. This move follows months of back and forth between the president and the commissioner.Slaughter sued Trump back in March following her initial firing. A DC federal judge then ruled it illegal in July. Back with us once ...