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U.S. House Agriculture Committee Urges Trump to Nominate Full Five-Member CFTC Board

GateNews

Regulation & Policy

2026-05-18 01:00:55

According to Odaily, U.S. House Agriculture Committee Chair Glenn Thompson and committee members sent a letter to President Trump on May 18, urging him to quickly nominate the full five-member U.S. Commodity Futures Trading Commission (CFTC) board. The CFTC is currently led by Chair Michael Selig alone. The letter states that if the CLARITY Act passes, the CFTC will face significant rulemaking tasks, making a complete leadership team essential to address pressing regulatory issues. Trump has not yet announced any CFTC nominations, which would require Senate approval over weeks or months.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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