The White House is tightening its control over how the Federal Reserve regulates big banks as part of a new executive order that gives President Donald Trump's appointees more power over independent agencies.

In a sweeping move to assert greater control over federal regulatory agencies, President Biden issued an executive order on Monday mandating stricter White House oversight of rulemaking across the executive branch, including so-called independent regulatory agencies.

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

A White House spokesman had no immediate comment ... orders as appropriate and consistent with applicable law,” Federal Reserve Board Chair Jerome H. Powell told reporters late last month.

A new executive order signed by President Donald Trump on Tuesday seeks to give the White House more control ... has been made for the Federal Reserve’s handling of interest-rate policy.

The Trump administration has debuted a “tip line” for financial institutions and the public to report financial regulators who are still doing their jobs despite a White House “stand down” order.

The Trump administration has taken another step to centralize the executive branch with a new order that “reins in independent agencies.” | The White House's latest executive order would give the president greater control over federal agencies typically shielded by cross-term leadership appointments and dismissal protections.

The institute has been around since 1968 when President Lyndon Johnson established it as a senior staff college to serve super grades of the civil service.

The ABA, BPI and SIFMA are among the groups asking Sacks to make it easier for banks to engage in crypto-related activity.