President Donald Trump has issued an executive order that requires independent government agencies such as the Securities and Exchange Commission to seek White House approval before issuing new regulations.

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.

President Donald Trump is moving to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission,

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.

The SEC has dismissed or paused several crypto-related cases in recent weeks, which Kraken sees as a “turning point” for U.S. crypto regulation.

The executive order doesn’t explicitly mention enforcement, but observers expect that the assertion of total authority over the agencies could sway their approach to policing bad actors.

The White House has announced an upcoming crypto summit with prominent founders, CEOs, and investors expected to attend.

The order weighing on the federal agency's independence could also have implications on enforcement activity, concerned observers say.

A sweeping executive order issued by President Donald Trump on Feb. 18 aims to bring the nation’s independent financial regulators under White House oversight, marking a shift in how the agencies have operated since their inception.