Trump’s FTC Dismissal Case Threatens Crypto Bill Amid Regulatory Power Struggle
Rebecca Slaughter, a Democratic FTC commissioner ousted by the TRUMP administration, has filed a lawsuit challenging her dismissal. A D.C. federal court ruled the firing unconstitutional in July, but the Supreme Court's pending review could overturn this decision—potentially eroding the autonomy of federal regulators like the SEC and CFTC.
The outcome may inadvertently sabotage a key White House-backed crypto bill championed by Slaughter's husband, Justin, a lobbyist at Paradigm. The legislation, seen as the industry's top policy priority, faces uncertainty if Trump gains expanded control over regulatory agencies.
This marital dichotomy underscores how Trump's push for executive consolidation could collide with his administration's own crypto ambitions. The case exposes fragile alliances in Washington, where regulatory independence and digital asset innovation hang in the balance.