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U.S. Supreme Court Rules 6-3 That President Can Remove Independent Agency Officials, Overturns 91-Year Precedent

2026-06-30 12:34:17

According to CoinDesk, on June 30, the U.S. Supreme Court ruled 6-3 that the president has authority to remove officials from independent agencies at will, overturning a 91-year-old judicial precedent. The ruling is expected to weaken the long-term independence of regulatory bodies including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), potentially shifting the balance of power between the presidency and financial regulators and affecting the structure of future regulatory decisions on financial and cryptocurrency markets.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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