A U.S. senator has demanded to know whether the White House has considered firing Democrats on the bipartisan Federal Trade Commission, a move that would be illegal under current law.
President Donald Trump is moving to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission, the Federal Trade Commission and the Federal Communications Commission.
White House seeks sway over FCC, FEC, FTC and some Fed operations. Politics professor Sarah Binder says it "grabs power from Congress."
President Donald Trump is moving to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission, the Federal Trade Commission and the Federal Communications Commission.
The post, which got thousands of upvotes and comments, talks about concerns over President Donald Trump's new executive orders. The main worry is that these orders give the White House more control over financial agencies like the Securities and Exchange Commission and the Federal Trade Commission.
In a far-reaching executive order Tuesday, Trump demanded that the White House review regulations at the Securities and Exchange Commission, the Federal Trade Commission and other agencies with sweeping power to shape everything from shipping lanes to nuclear power plants.
President Donald Trump is moving to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission, the Federal Trade Commission and the Federal Communications Commission.
For investors, this shift raises serious concerns about market fairness and corporate accountability. Regulatory agencies play a key role in investigating corporate misconduct and ensuring market stability. If these agencies lose their independence, it could result in weaker enforcement, corporate favoritism, and market volatility.
The order is the latest example of Trump’s embrace of a broad and controversial theory of executive power. The White House is confident the Supreme Court will bless his approach.
The Federal Trade Commission announced on Thursday that it will launch a public inquiry into "censorship by tech platforms," soliciting comments from
Trump's new executive order requires independent regulatory agencies to submit any new proposed regulation for review before publication.
Trump ordered independent agencies like the Federal Trade Commission, Securities and Exchange Commission and Federal Communications Commission to submit proposed regulations to the White House to ensure they are in line with the president’s priorities.
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