House Agriculture leaders press Trump to appoint CFTC commissioners as CLARITY Act advances in Senate

The Block·

House Agriculture leaders press Trump to appoint CFTC commissioners as CLARITY Act advances in Senate

60-second summary

House Agriculture leaders are pressing Trump to appoint CFTC commissioners, with Chair Michael Selig being the sole commissioner since December, while four seats remain empty. Trump has not nominated replacements, despite the CLARITY Act advancing in the Senate, which aims to increase transparency and oversight of digital assets and derivatives. Market uncertainty persists due to regulatory gaps.

Chair Michael Selig has been the agency's sole commissioner since December, with four seats sitting empty, as Trump has not nominated replacements.