U.S. Supreme Court Finds That Former Presidents Are Entitled To 'Absolute Immunity' From Prosecution For Actions Within Their Constitutional Authority; Finds That Former Presidents Are Not Entitled To Immunity From Prosecution For Actions Taken In A Private Capacity
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The U.S. Supreme Court has ruled that former presidents have 'absolute immunity' from prosecution for actions within their constitutional authority but are not immune from prosecution for actions taken in a private capacity.
July 01, 2024 | 2:32 pm
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NEUTRAL IMPACT
The Supreme Court's ruling on presidential immunity could have significant legal implications for former President Donald Trump, particularly regarding actions taken in a private capacity.
The ruling directly affects former President Donald Trump, as it clarifies the extent of legal protections he has for actions taken during and after his presidency. This could lead to legal challenges or prosecutions for private actions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The Supreme Court's decision on presidential immunity may create short-term market uncertainty, potentially affecting the SPY ETF, which tracks the S&P 500.
The ruling could lead to legal uncertainties and potential market volatility, affecting investor sentiment and the broader market, which the SPY ETF tracks.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50