U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission
60-second summary
Lawmakers overseeing the CFTC are urging President Trump to fill the commission's vacant seats, citing the need for bipartisan leadership as the agency takes on a growing role in policing U.S. crypto trading, with 5 seats currently vacant, including the chairperson position, affecting the commission's ability to effectively regulate the rapidly evolving market.
As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.