Washington, D.C. — Earlier this week, President Trump signed a far-reaching executive order seeking to bring independent federal agencies that oversee economic, energy, and climate policies, like the Securities and Exchange Commission (SEC), under his direct control.
In response, Unlocking America’s Future Spokesperson Kyle Herrig said the following:
“Trump’s latest executive order is a blatant power grab designed to bring independent agencies under his control, silence oversight, and serve his billionaire donors. By placating Big Oil and prioritizing special interests, Trump is tying the hands of the very agencies that protect American workers, families, businesses, and the environment. This reckless move isn’t about good governance, it’s about consolidating power among the wealthy and well-connected—and we’re already paying the price.”
Additional Background:
- Politico: Goodbye, independent agencies. Hello, fossil fuels.
- From E&E News: “Consolidating regulatory power in the White House could impact energy and environmental policies inside agencies including the Federal Energy Regulatory Commission, the Nuclear Regulatory Commission and the Securities and Exchange Commission, all of which are defined as ‘independent regulatory agencies.’”
- From MSNBC: “The order would essentially put independent agencies such as the Federal Trade Commission, the Federal Communications Commission and the Securities and Exchange Commission under the watch of Office of Management and Budget Review Director Russell Vought, a key Project 2025 author.”