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

House Agriculture Committee leaders, Chairman Glenn "GT" Thompson and Ranking Member Angie Craig, have formally requested that President Trump appoint commissioners to the four vacant seats at the Commodity Futures Trading Commission (CFTC). The lawmakers argue that a full, bipartisan five-member commission is essential for creating more durable regulations and managing an aggressive rulemaking agenda, particularly as the agency faces an expanding mandate over digital assets. This call comes as the Senate advances the CLARITY Act, which would grant the CFTC significant new authority over spot digital commodity trading, potentially leaving the sole current commissioner, Michael Selig, overwhelmed by rulemaking responsibilities and legal challenges.

(Source：The Block)