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