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The CFTC's understaffing risks delaying effective crypto regulation, potentially undermining US leadership in digital asset oversight. The post House Agriculture leaders urge Trump to fill CFTC seats before CLARITY Act passes appeared first on Crypto Briefing.
The post Will Trump fill CFTC seats before CLARITY Act rewrites crypto rules? appeared on BitcoinEthereumNews.com. House Agriculture Committee Chair Glenn Thompson and Ranking Member Angie Craig urged President Donald Trump to nominate a full bipartisan slate of Commodity Futures Trading Commission members. Summary House Agriculture leaders want Trump to fill CFTC seats before new crypto rules reach implementation. CFTC staffing pressure rose after Senate Banking Committee advanced CLARITY in a bipartisan 15-9 vote. Industry leaders said clearer rules could support tokenization, stablecoins, consumer protection, and compliant market growth. Their May 15 letter said the CFTC faces urgent work tied to derivatives markets, new technology, and changing market structures. The lawmakers said Congress and the White House are working on legislation that would expand the CFTC’s mandate over spot digital commodity trades. They said a five-member commission would produce better regulations, more
House Agriculture leaders urge Trump to fill CFTC seats as CLARITY Act advances, raising focus on crypto oversight and rulemaking plans now.
