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

Odaily Planet Daily News: U.S. House Agriculture Committee Chairman Glenn Thompson has joined committee members in a letter to President Donald Trump, urging him to promptly nominate a full five-member commission for the Commodity Futures Trading Commission (CFTC). The letter notes that the CFTC is currently led solely by Chairman Michael Selig. If the CLARITY Act is passed, the CFTC will face significant rulemaking responsibilities, making a complete leadership team crucial for addressing "pressing regulatory issues." As of now, President Trump has not publicly announced any nominations for CFTC commissioners. Additionally, any nominations will need to undergo weeks or even months of Senate review and voting.