Judicial Constraints on Presidential Power in the United States: The Battle for Federal Reserve Independence Could Reshape Cryptocurrency Regulation Landscape

【Crypto World】New developments in the US policy game. According to Federal Reserve policy communicator Nick Timiraos, Supreme Court Chief Justice John Roberts expressed skepticism about a claim made by the Trump administration — that the government argued the President has the authority to dismiss Federal Reserve Board members without cause, and that the judiciary has no authority to review such decisions.

This stance sparked strong opposition during the hearing. Justice Kavanaugh repeatedly challenged publicly, pointing out that if presidential power is unchecked by the judiciary, it would inevitably weaken the independence of the Federal Reserve. This independence is crucial for financial system stability — once the Fed becomes a tool of the President, its monetary policy decisions could become politicized, affecting the entire capital market, including the policy environment for cryptocurrencies.

For the crypto industry, the core issue behind this judicial power struggle is: who will control the major authority over US financial regulation? Whether the Fed’s independence can be preserved will directly determine the regulatory trajectory of cryptocurrencies in the United States.