Trump's Executive Order Tightens Grip on U.S. Agencies, Shaping Crypto Regulation

U.S. President Donald Trump has signed an executive order aimed at strengthening control over federal agencies, including the Securities and Exchange Commission (SEC), the Federal Trade Commission (FTC), and the Federal Communications Commission (FCC). The order requires these agencies to submit their regulatory proposals for White House approval, introducing a new layer of scrutiny.

The executive directive also establishes "performance standards" for independent agencies, mandating them to align their priorities and strategic frameworks with the White House's directives. While the Federal Reserve's monetary policy remains unaffected, its regulatory powers are circumscribed by this move. This executive order has significant implications for the operational landscapes of these agencies and could potentially reshape the regulatory environment for the cryptocurrency sector.