Fired at Will: A New Normal for Commissioners?

Also, PCAOB touts improvements on audit deficiencies; Jay Clayton's financial disclosure shows the ex-SEC chief is doing well; Senate Banking sets Thursday vote for Atkins and Gould

For decades, commissioners at independent agencies have operated on the presumption that they can’t be fired at will by the president, even one of a different political stripe. Sure, there’s been an intellectual debate about the wisdom of that approach. But it was generally regarded as the law of the land. Until now.

Less than three months into his secon…