It seems fitting that President Trump, as a former reality television star, would announce his pick for the Supreme Court during prime time with 33 million viewers tuning in. At 8:00 pm EST, a day after tweeting that he chose his nominee and would announce his selection on Tuesday evening, President Trump took to the lectern to introduce Judge Neil M. Gorsuch to the world.
With the New Year comes new beginnings. But, for Supreme Court nominee Merrick Garland, 2017 brought the end of his aspirations to be appointed to the highest court in the nation. In an unprecedented move, Republicans in the Senate refused for 293 days to hold a confirmation hearing for Judge Garland. He was nominated in March 2016 to fill the vacancy created by the death of Justice Antonin Scalia. After languishing for ten months, Judge Garland's nomination expired when the 114th Congress adjourned on January 3. President-elect Trump will now have an opportunity to nominate a justice of his choosing. But, given a lengthy and potentially combative nomination process, there is unlikely to be a ninth Justice seated until the Fall of 2017.
In a unanimous decision, the U.S. Supreme Court has taken a strong stance in favor of protecting investors and the integrity of public markets against insider trading. In its decision, authored by Justice Samuel Alito, the Supreme Court upheld a criminal conviction for trading on confidential inside information received second-hand from a relative of the tipper.
After four years in the California Court of Appeal, a class of California new car buyers finally got the decision they were looking for: reversal of the trial court's grant of summary judgment in favor of defendant Ford Motor Company of Canada Ltd. ("Ford Canada"), giving a green light to trial in this long-running antitrust case.
A study from the National Institute on Retirement Security ("NIRS") estimates that approximately 45 percent of working age households in the United States do not own any retirement assets. Furthermore, the NIRS states that two-thirds of private sector workers without access to retirement plans are employed by small businesses. These low savings rates foretell an impending retirement crisis that could cripple American retirees.