Trump executive order targets control of SEC, FTC, and FCC

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[ Last Friday ] - Fortune

Trump executive order targets control of SEC, FTC, and FCC

^{Published on 2025-05-02 12:40:49 - Fortune}

The move generated criticism that it could ultimately lead to abuses by the Trump administration.

In an article published on February 19, 2025, by Fortune, it is reported that former President Donald Trump issued an executive order aimed at seizing control from independent regulatory agencies such as the Securities and Exchange Commission (SEC), the Federal Trade Commission (FTC), and the Federal Communications Commission (FCC). The order seeks to undermine the autonomy of these agencies by subjecting them to direct White House oversight, a move that critics argue could compromise their ability to function independently and effectively. Legal experts and watchdog groups have expressed concerns over the potential erosion of checks and balances, fearing that this could lead to regulatory capture and favoritism towards certain industries. The order has sparked significant controversy and is likely to face legal challenges, as it appears to contravene established norms and statutes that protect the independence of these regulatory bodies.

Read the Full Fortune Article at:
[ https://fortune.com/2025/02/19/trump-executive-order-aims-to-seize-control-from-independent-watchdogs-sec-ftc-and-fcc/ ]

N@N

Trump executive order targets control of SEC, FTC, and FCC