{
  "type": "article",
  "title": "A Century-Old Limit on Presidential Power Falls, Handing Trump Fresh Control Over Crypto Regulators",
  "summary": "The U.S. Supreme Court ruled 6-3 that the president can remove federal agency commissioners at will, tightening Donald Trump's grip over the SEC and CFTC just as a make-or-break crypto bill nears a decisive vote.",
  "content": "The U.S. Supreme Court on Monday struck down a near century-old limit on presidential power, scrapping the rule that allowed presidents to remove federal agency commissioners only under extraordinary circumstances. The ruling hands President Donald Trump far greater authority over several key regulatory areas, including crypto.\n\nIn a 6-3 decision, the court's conservative majority upheld Trump's right to dismiss Rebecca Slaughter, a Democratic FTC commissioner. The justices made clear that the president can now fire other agency commissioners at will, with the sole exception of Federal Reserve governors.\n\nA Direct Crypto Connection\nThe case is closely tied to the crypto industry. Slaughter's husband serves as VP of policy at Paradigm, a heavyweight venture firm in the sector. That position allowed the couple to bankroll Slaughter's lawsuit all the way to the Supreme Court.\n\nTrump v. Slaughter overturns a longstanding precedent set during the early years of the Franklin Delano Roosevelt administration. Under that arrangement, a president could remove an agency commissioner only in extreme cases of neglect of duty or malfeasance.\n\nTrump celebrated the outcome on social media. \"Today's historic Slaughter decision by the Supreme Court is the greatest increase in presidential power in the last 100 years,\" he wrote on Monday. \"Such a monumental ruling at such an important time!\"\n\nNew Leverage Over the SEC and CFTC\nFrom now on, Trump, along with future presidents, will be able to remove commissioners at major regulators like the SEC and CFTC at any moment and for almost any reason. The shift grants the executive branch substantial new power over the direction of agencies that have long been treated as independent.\n\nTrump has already shown his hand. He has refused to appoint Democrats to the SEC and CFTC, both of which are meant to include two minority-party commissioners. The SEC currently has three Republican commissioners and no Democrats, while the CFTC is left with a lone Republican chairman.\n\nClarity Act Standoff\nThe issue became a flashpoint in the yearlong fight to pass the Clarity Act, a bill that would formally legalize most crypto activity in the United States. Senate Democrats have repeatedly stressed that they will not back the legislation, which would hand the SEC and CFTC sweeping authority to regulate crypto markets, unless Trump commits to appointing Democrats to both agencies.\n\nIn December, Trump said he was \"open\" to the idea. Yet in the six months since, he has made no such appointments.\n\nMonday's ruling deepens the tangle, since Trump could now theoretically appoint Democrats to federal agencies and then dismiss them at any time afterward.\n\nThe Pressure of an August Deadline\nThe decision lands as the Clarity Act faces a do-or-die push after more than a year of starts and stops. Most stakeholders agree the bill must pass by early August to have any shot at becoming law, given the looming November midterm elections.\n\nSeveral hurdles beyond regulator independence still block the legislation. Chief among them is whether Trump will sign off on ethics language restricting his many lucrative crypto ventures. Senate Democrats have drawn that language as a red line. Earlier today, GOP Senate leadership signaled it intends to force a floor vote on the Clarity Act next month, whether Democrats are ready or not.\n\nWhat this means for you\n• For crypto investors: SEC and CFTC commissioners now serve at the president's pleasure, meaning crypto market rules and policies could swing quickly with political shifts.\n• For the general reader: Tighter executive control over agencies once seen as independent could reduce stability in financial regulation, affecting market confidence over the long run.\n\nQuestions & Answers\n\n1. What did the Supreme Court rule?\nIn a 6-3 decision, the court gave the president the right to remove federal agency commissioners at will, overturning a near century-old precedent.\n\n2. Which agencies are affected by the ruling?\nIt applies to regulators like the SEC and CFTC, though Federal Reserve governors are exempted.\n\n3. Who is Rebecca Slaughter?\nShe is a Democratic FTC commissioner whom Trump dismissed, and her husband is VP of policy at the venture firm Paradigm.\n\n4. How is the case connected to crypto?\nSlaughter's husband's role at crypto venture firm Paradigm allowed the couple to fund the lawsuit to the Supreme Court, and the ruling directly affects crypto regulators.\n\n5. What is the Clarity Act?\nIt is a bill that would formally legalize most crypto activity in the United States and give the SEC and CFTC sweeping authority to regulate crypto markets.\n\n6. By when must the Clarity Act pass?\nMost stakeholders agree it must pass by early August to have a chance at becoming law, given the November midterm elections.\n\n7. How many commissioners currently sit on the SEC and CFTC?\nThe SEC has three Republican commissioners and no Democrats, while the CFTC has only a lone Republican chairman.",
  "url": "https://trendkia.com/en/business/suprima-korta-ke-phaisale-se-sec-aura-cftc-para-donald-trump-ki-pakara-majabuta-kripto-niyamon-para-parega-bara-asara-3658",
  "category": "Business",
  "publishedAt": "2026-06-29",
  "tags": [
    "Supreme Court ruling",
    "Donald Trump",
    "crypto regulation",
    "SEC",
    "CFTC",
    "Clarity Act",
    "Rebecca Slaughter",
    "presidential powers"
  ],
  "language": "en",
  "site": "TrendKia"
}