New SCOTUS ruling just gave much more power to President Trump.
http://whtc.com/news/articles/2018/jun/21/supreme-court-deems-sec-in-house-judge-hiring-unconstitutional/
WASHINGTON (Reuters) - The U.S. Supreme Court on Thursday expanded presidential control over pivotal jobs in federal agencies, ruling that the way the Securities and Exchange Commission selected its in-house judges to enforce investor-protection laws was unconstitutional.
The justices overturned a lower court ruling that had endorsed the SEC's in-house judge hiring practice that operated autonomously from the president.
The high court sided with Raymond Lucia, a California-based former radio host and investment adviser who challenged the SEC after being banned by one of its administrative law judges from investment-related work and fined $300,000 for making misleading claims in his "Buckets of Money" retirement wealth strategy.
The ruling provided a victory to Republican President Donald Trump, whose administration last November sided with Lucia in a reversal from the stance that had been taken by the administration of his Democratic predecessor, Barack Obama.
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