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House Agriculture Leaders Urge Trump to Fill Four CFTC Seats as CLARITY Act Advances

GateNews

Regulation & Policy Enforcement Actions

2026-05-16 21:20:03

House Agriculture Committee Chairman Glenn Thompson and Ranking Member Angie Craig on Friday urged President Donald Trump to fill four open positions on the Commodity Futures Trading Commission, citing the agency’s expanded crypto mandate and a backlog of pending rulemakings. The push comes one day after the Senate Banking Committee voted 15-9 to advance the CLARITY Act, which would grant the CFTC sweeping new authority over spot digital commodity trading. Currently, CFTC Chairman Michael Selig is the agency’s only commissioner following a wave of departuresleading the panel understaffed since his December appointment.

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In-Depth Analysis

Crypto industry regulatory turning point: the Senate passes the CLARITY Act, ushering in a historic change to asset classification standards

Gate Instant Trends05-15 07:16

The CLARITY Act advances into the final stage in the Senate, sacrificing DeFi developers’ rights to reach a consensus

ChainNewsAbmedia05-15 04:45

Farage buys a mansion after receiving a $6.7 million “crypto gift,” as the UK plans to temporarily ban crypto political donations

Market Whisper05-15 02:51

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