Learning Resources, Inc. v. Trump · ¶79

That's a striking turn given the statutory terms before us. When the President declares a national emergency “to deal with any unusual and extraordinary threat . . . to the national security, foreign policy, or economy of the United States,” 50 U. S. C. § 1701(a), IEEPA permits him to “regulate . . . importation . . . of . . . any property in which any foreign country or a national thereof has any interest,” § 1702(a)(1)(B). Surely, the authority granted here is “broad” and “expansive.” See West Virginia, 597 U. S., at 758–759 (Kagan, J., dissenting). It has “no ifs, ands, or buts” either. Id., at 756. As a matter of ordinary meaning, the term “regulate” means to “fix, establish or control,” “adjust by rule, method, or established mode,” “direct by rule or restriction,” or “subject to governing principles or laws.” Black's Law Dictionary 1156 (5th ed. 1979); see also post, at 306. And…

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