The Fed is not eligible to regulate business, consumer, or data handling practices, so whether The Fed is independent or not is irrelevant to the EU/US data sharing agreement and would not have bearing on Noyb’s interpretation of the Supreme Court outcome. From the agreement’s perspective, full agency independence is required; if only one agency are independent and the rest are not, and that one agency lacks regulatory scope over the domains addressed by the DSA, then the DSA as written is void as no agency responsive to its mandatory independence requirement exists. (I am not your lawyer, this is not legal advice.)

The exception that proves the intellectual bankruptcy of the majority.