TechFlow News, July 9, according to The Block, the U.S. Supreme Court ruled 6-3 in favor of Trump, expanding the president's power to remove heads of independent federal agencies (excluding the Fed). The case originated from Trump's dismissal of Federal Trade Commission Democratic Commissioner Rebecca Slaughter in 2025.
As the ruling lands, the SEC and CFTC are in a new cycle of crypto regulation—the SEC currently has only three Republican commissioners, and CFTC Chairman Michael Selig is the agency's sole commissioner. Former regulatory officials warned that insufficient commissioner seats will weaken rulemaking quality and continuity across administrations, "fewer people participating in discussions may lead to suboptimal outcomes." Meanwhile, Congress is deliberating landmark legislation to reallocate digital asset regulatory authority between the SEC and CFTC, and has urged Trump to appoint CFTC commissioners as soon as possible.
Analysts pointed out that against the backdrop of Trump's close relationship with the crypto industry, while this ruling is beneficial for the industry to advance regulatory reforms in the short term, if the political climate shifts in the future, rules formulated by a single commissioner will more easily become "targets to be overturned," bringing long-term policy instability risks to the industry.
