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Morning Edition · Tuesday, June 30, 2026Published at 6:35 AM EDT · New York
Supreme Court hands the president at-will control over the SEC and CFTC
A 6-3 ruling overturning a 91-year precedent lets the president remove commissioners at the two agencies that regulate crypto, while a separate decision exempts the Federal Reserve.
The United States Supreme Court ruled 6-3 in Trump v. Slaughter that the president may remove commissioners of independent agencies at will, overturning the 1935 precedent Humphrey's Executor. As crypto outlets noted immediately, the reason…
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