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Why the A.I. Boom Is Unlike the Dot-Com Boom

✇NYT | Top Stories
David Streitfeld
Silicon Valley is again betting everything on a new technology. But the mania is not a reboot of the late-1990s frenzy.

© Joe Buglewicz/Bloomberg

Ben Horowitz, a major A.I. venture capitalist, in 2019. “The clearest sign that we are not actually in a bubble is the fact that everyone is talking about a bubble,” he said.

Supreme Court Struggles With How to Insulate the Federal Reserve From Politics

✇NYT | Top Stories
Adam Liptak
The president seemed poised for a big Supreme Court win letting him remove officials without cause. But the justices appeared to struggle with how to insulate the Federal Reserve from politics.

© Caroline Gutman for The New York Times

President Trump has mused about trying to fire Jerome H. Powell, the Fed chair, but he has not followed through. Indeed, no president has sought to remove a member of the Fed board without cause.

A Key Question for the Supreme Court: What About the Fed?

✇NYT | Top Stories
Adam Liptak
The president seemed poised for a big Supreme Court win letting him remove officials without cause. But the justices appeared to struggle with how to insulate the Federal Reserve from politics.

© Caroline Gutman for The New York Times

President Trump has mused about trying to fire Jerome H. Powell, the Fed chair, but he has not followed through. Indeed, no president has sought to remove a member of the Fed board without cause.

Planes, Trade and Nuclear Energy: Supreme Court Weighs Fate of Independent Regulators

✇NYT | Top Stories
Stacy Cowley
The court heard arguments Monday in a case that could determine the independence of agencies like the National Transportation Safety Board and the Nuclear Regulatory Commission.

© Kenny Holston/The New York Times

The Supreme Court will consider whether President Trump has the power to fire a leader of the Federal Trade Commission, a decision that will have profound consequences for dozens of bipartisan commissions and boards created by Congress.

Presidential Power Gets Tested Before Supreme Court After Long Conservative Project to Shrink Agencies

✇NYT | Top Stories
Ann E. Marimow
President Trump has repeatedly ousted leaders of independent agencies despite federal laws meant to shield those regulators from politics.

© Eric Lee/The New York Times

Chief Justice John G. Roberts Jr. and other conservatives on the Supreme Court have embraced the so-called unitary executive theory, which holds that the Constitution vests all executive power in the president and that he must be able to control everything the executive branch does.
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