In brief
- The Supreme Court ruled that presidents can fire SEC, CFTC, and other agency commissioners at will.
- The decision gives President Donald Trump greater control over federal crypto regulators.
- It could complicate negotiations over the Clarity Act, as Democrats have pushed for bipartisan oversight of those agencies.
The U.S. Supreme Court on Monday overturned a landmark ruling forcing presidents to fire federal agency commissioners only in extraordinary circumstances—undoing nearly a century of precedent and granting President Donald Trump even more authority over key regulatory areas including crypto.
In a 6-3 decision, the court’s conservative majority affirmed Trump’s right to fire Rebecca Slaughter, a Democratic FTC…
