Season 9, Episode 10

This week on “Know More. Risk Better.” Winnie Cisar sits down with Mark Lightner to decode a whirlwind legal backdrop with real market stakes. They break down the Lisa Cook case - what a last-minute appellate decision could mean for Fed independence, who’s in the room for the next rate call, and how today’s legal signals shape the FOMC’s 2026 lineup.

Then they tackle the Supreme Court’s fast-track review of IEEPA tariffs - what the justices will decide, why non-delegation matters, and how a reversal could ripple through refunds, trade deals, and positioning. Finally, they map the broader playbook of government intervention - from agency pressure and funding leverage to DOJ lawsuits - and how it’s hitting sectors differently.

Expect clear takeaways on timelines, base cases versus market expectations, and how to position around legal catalysts that could move spreads - whether they break wider or keep grinding tighter.