Trump v. Cook · ¶141

To justify its holding, the Court relies on the interpretive principle that common-law terms bear their common-law meanings. When “Congress borrows terms of art in which are accumulated the legal tradition and meaning of centuries of practice,” those terms of art take on their common-law meanings rather than their ordinary ones. Sekhar v. United States, 570 U. S. 729, 733 (2013) (internal quotations omitted); see ante, at 550–551. The term of art that the Court posits “carried with it a settled interpretation at common law,” ante, at 551, is the Federal Reserve Act's statutory text providing that “each member shall hold office for a term of fourteen years from the expiration of the term of his predecessor, unless sooner removed for cause by the President.” 12 U. S. C. § 242. According to the Court, by providing for a “term of years limited only by removal `for cause,' ” this statutory…

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