If the brokerâs equity requirement is 25 percent, the customer must maintain $15,000 in equity in the account. If the customer has an outstanding margin loan against the securities of $50,000, his equity will be $10,000 ($60,000 - $50,000 = $10,000).
James D. St. Clair argued in his Supreme Court brief on President Nixon's behalf that this language demonstrated the Framers' intent that any prosecution would follow impeachment and removal from office and that, consequently, a President could not be prosecuted while in office.
The only limitation set forth in the Constitution is that the president cannot pardon an impeachment conviction. But thereâs the catch. The impeachment power is, essentially, plenary too. It is not limited to cases of commission of an ordinary federal crime, though it certainly can include those.