Trump Greenlit to Axe FTC Commissioner as Lisa Cook Controversy Ignites Political Firestorm

Power play in D.C.—Trump gets clearance to terminate FTC Commissioner amid escalating Lisa Cook drama. Regulatory chaos hits new highs as political tensions override policy stability.
Behind the Scenes: Inside the Authorization
The move sidelines typical bureaucratic safeguards—direct action cuts through red tape, bypassing traditional oversight channels. No numbers? Just pure political maneuvering at its finest.
Finance Jab: Wall Street shrugs—another day, another regulatory gamble. At least it’s not another crypto crash.
Bottom line: When regulators become the target, everyone’s portfolio feels the heat.
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U.S. Chief Justice John Roberts provided Slaughter and her legal team with a deadline of September 15 to respond to an order from the Justice Department to permanently fire her. Slaughter briefly returned to her office last week after a federal appeals court ruled she could remain in her position.
Trump Removal of Slaughter, Fed’s Cook Challenge Humphrey’s Executor Ruling
Trump’s firing challenges the Humphrey’s Executor v. United States case, which set the precedent that Congress can limit the president’s ability to remove officials from independent agencies. Last month, Trump also moved to fire Fed Governor Lisa Cook, accusing her of committing mortgage fraud by listing two separate properties as her primary residence.
Cook has responded with her own lawsuit, saying that Trump has no legal grounds to do so and that the MOVE is an attempt to undermine the Fed’s independence.