US House Agriculture Committee Urges Trump to Nominate CFTC Commissioners and Emphasizes Importance of CLARITY Act

Odaily Planet Daily NewsUS House Agriculture Committee Chairman Glenn Thompson and committee members have sent a letter to US President Trump, urging him to nominate a full five-member commission for the Commodity Futures Trading Commission (CFTC) as soon as possible. The letter states that the CFTC is currently led solely by Chairman Michael Selig. If the CLARITY Act is passed, the CFTC will face significant rule-making tasks, and a complete leadership team is crucial for addressing "pressing regulatory issues." At this stage, Trump has not publicly announced any CFTC commissioner nominations, and any nominations would still require weeks or even months of Senate review and voting.