Only in a relatively minor way though. The ruling states the President can remove the head at will, rather than requiring cause. American Banker actually had an

Only in a relatively minor way though. The ruling states the President can remove the head at will, rather than requiring cause. American Banker actually had an editorial about this being bad for banks--it decreases the predictability of the agency. It does make it easier for a compromised President to favor a bank-friendly director though. They only need one to gut it now.