
The Fed: Searching for Credibility
By THE NEW YORK SUN
|This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.

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Reading the report of the National Commission on Terrorist Attacks Upon the United States, we couldn’t help thinking of Justice Scalia’s great dissent in Morrison v. Olson. It’s the case in which the Supreme Court upheld the idea of an independent prosecutor. Justice Scalia warned of the danger that unleashing an uncontrollable prosecutor against a president could shake his courage. “Perhaps the boldness of the President himself will not be affected — though I am not so sure,” he warned.

By THE NEW YORK SUN
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By LAWRENCE KUDLOW
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By BRADLEY CORTRIGHT
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By BRADLEY CORTRIGHT
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By THE NEW YORK SUN
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By LUKE FUNK
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By MATTHEW RICE
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By JOSEPH CURL
|Reading the report of the National Commission on Terrorist Attacks Upon the United States, we couldn’t help thinking of Justice Scalia’s great dissent in Morrison v. Olson. It’s the case in which the Supreme Court upheld the idea of an independent prosecutor. Justice Scalia warned of the danger that unleashing an uncontrollable prosecutor against a president could shake his courage. “Perhaps the boldness of the President himself will not be affected — though I am not so sure,” he warned.
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