The U.S. Supreme Court recently issued a ruling by a 6:3 vote, expanding the U.S. president’s authority to appoint and remove the heads of independent federal agencies other than the Federal Reserve. The ruling’s background traces back to a case in which President Trump dismissed FTC Democratic Commissioner Rebecca Slaughter in 2025. As the SEC and CFTC are in a critical transition period for cryptocurrency regulation—including revisions to rules, exemptions, and the division of authority over digital assets—the ruling has prompted industry concerns about regulatory durability and independence. Currently, the SEC has three Republican commissioners, while CFTC Chairman Michael Selig is the agency’s only commissioner. (TheBlock)