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Recent Editions
Risk Channel
North America
The Supreme Court has given President Trump the power to fire the heads of independent agencies, such as the Federal Trade Commission, the Securities and Exchange Commission, and the National Labor Relations Board. The court's decision, which overturns a 91-year-old precedent that said the agencies must be independent of the president, creates a limited carve-out to preserve Federal Reserve independence. Justice Sonia Sotomayor, in a dissent with fellow Democratic appointees Elena Kagan and Ketanji Brown Jackson, observed: “Dozens of independent commissions are now likely to become purely executive agencies, shifting tremendous power over broad swaths of American life into the president’s hands.” The Competitive Enterprise Institute said the opinion “continues the healing process as we dismantle an unchecked regulatory state.”
Full Issue
Risk Channel
UK/Europe
Finland’s National Defense Course is designed to get leaders, and future leaders, thinking about how to plan for, and respond to, worst-case scenarios so that they can help keep the country functioning during a national emergency. The highly coveted invitations to the secretive training programme are sent to Finland’s most influential chief executives four times year. Former Nokia Oyj CEO Pekka Lundmark says the training changed how he approached new executive roles; each time he stepped into a new one, he would review a company’s crisis plan.
Full Issue