The progressive agenda to have DC elites run as much as possible in our lives will ultimately implode as unconstitutional. The same fate would await any so called "wealth tax."
Link: https://www.washingtonexaminer.com/policy/courts/supreme-court-to-weigh-constitutionality-of-the-financial-watchdog-agency-created-by-elizabeth-warren
....and they need the judges to pull it off as well. This type of thing is exactly why the Left exploded when Trump won - it ruined plans that they were very close to having achieved.
They used similar unconstitutional “add in” rules and laws in the past. They used “Reconciliation”, a rule placed by Dem Klansman Robert Byrd which was supposed to allow simple majority votes on simple things like paying the electric bill during recess as the basis for changing the entire healthcare system of the country with Obamacare.
This is how the deconstructionists operate.
4 more years of Trump will undo them with more appointments, which as another reason to vote for him.
See the Free Enterprise Fund v. PCAOB case from 2010 for reference of the issues involved.
The founding fathers would likely not recognize the “Administrative State” we live in today, but that ship has sailed—Agencies with some combination of Executive, Legislative, and Judicial powers are here to stay.