Trump Wins Supreme Court Ruling on FTC Authority
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 29 2026
0mins
Source: CNBC
- Expansion of Presidential Power: The Supreme Court's 6-3 ruling affirms Trump's authority to fire Federal Trade Commission commissioners, overturning the 'Humphrey's Executor' precedent, which significantly enhances presidential control over independent agencies, impacting future appointments and dismissals.
- Historic Decision: Trump hailed the ruling as a 'BIG WIN,' stating it was a long-sought outcome by U.S. presidents since the 1930s, highlighting his emphasis on presidential power, which may influence future policy execution and the exercise of executive authority.
- Strong Dissent: Liberal Justice Sonia Sotomayor criticized the ruling in a dissent, arguing it undermines government structure and could lead to presidential overreach, raising concerns about the integrity of independent agencies and good governance.
- Federal Reserve Exception: While the ruling expands presidential power, Chief Justice John Roberts noted that members of the Federal Reserve may not be subject to this authority, indicating that in certain cases, independent agencies can retain some autonomy, potentially affecting future monetary policy and financial regulation.
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Analyst Views on DJT
About DJT
Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal relationship, enhancing the ability of its users to reach a broad audience. Its products and services include Truth Social and Truth+. TMTG operates a TV streaming platform, Truth+, across the entire Truth Social platform-iOS, Android, and the Web. The streaming service relies on TMTG's custom-built content delivery network (CDN), which operates through a data center. TMTG's streaming technology is powered through specially designed infrastructure with its own servers, routers, and software stack. The Company is also focused on launching Truth.Fi, a financial service and FinTech brand.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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