Rebecca Slaughter, previously an FTC commissioner, is suing for her dismissal, which a D.C. Court deemed unconstitutional. The outcome may greatly influence her husband Justin’s efforts on a crucial crypto market structure bill, potentially jeopardizing its passage.
The Supreme Court’s decision on this case could redefine presidential authority over regulatory bodies, affecting the SEC and CFTC. A ruling supporting executive control may diminish bipartisan support for crypto legislation that depends on independent regulatory input.
Leave a Reply