Thanks. Now let's look at it from today's perspective.
in 1952 No law existed that authorized the President to take such an action, but President Truman asserted that responding to a wartime emergency was an “inherent power” of the Presidency necessary to promote the general welfare, as well as his responsibility as commander in chief of the armed forces. The steel companies sued the government on the ground that the President lacked the authority to take over their industry.
The National Emergencies Act (NEA) (Pub.L. 94–412, 90 Stat. 1255, enacted September 14, 1976, codified at 50 U.S.C. § 1601–1651) is a United States federal law passed to stop open-ended states of national emergency and formalize the power of Congress to provide certain checks and balances on the emergency powers of the President.
The Act empowers the President to activate special powers during a crisis but imposes certain procedural formalities when invoking such powers. The perceived need for the law arose from the scope and number of laws granting special powers to the executive in times of national emergency. Congress can undo a state of emergency declaration with either a joint resolution and the President's signature, or with a veto-proof majority v**e.[1]
The legislation was signed by President Gerald Ford on September 14, 1976.[2] As of January 2019, 58 national emergencies have been declared, and the United States is under 31 continuing declared states of national emergency.[1][3]
The International Emergency Economic Powers Act, enacted in 1977, falls under the National Emergencies Act, which means that an emergency declared under that Act must be renewed annually to remain in effect.
And this from the Washington Post concerning the unlikely event of the Supreme Court deciding against the President. Basically we cannot give the lower courts the power to interfere with perceived National Emergencies, doing that in fact interferes with the powers of the Administrative Branch.
https://www.washingtonpost.com/world/national-security/an-emergency-declaration-by-trump-will-lead-to-lawsuits-lots-of-them/2019/02/14/4aef5828-3098-11e9-8781-763619f12cb4_story.html?utm_term=.4e0af616c820Thanks. Now let's look at it from today's perspect... (