U.S. Supreme Court Rules 6-3 That President Can Remove Independent Regulators, Affecting SEC and CFTC Crypto Rules

According to The Block on July 9, the U.S. Supreme Court ruled 6-3 that the president has the authority to remove heads of independent federal agencies including the FTC (excluding the Federal Reserve), strengthening presidential control over regulatory leadership. The ruling comes as the SEC and CFTC are advancing new cryptocurrency asset regulations, including rule amendments and jurisdictional divisions for digital assets. The SEC is currently led by three Republican commissioners, while the CFTC has only its chairman Michael Selig in active service. Former CFTC officials and industry participants noted that reduced commissioner numbers could weaken internal regulatory debate and rule robustness, though any rules issued would retain legal validity as long as they comply with each agency's enabling statute and the Administrative Procedure Act.
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