House Agriculture Committee chair urges five-member CFTC commission amid CLARITY Act push

House Agriculture Committee Chair Glenn Thompson urged President Donald Trump to nominate a full five-member CFTC (U.S. derivatives regulator) commission, arguing that the agency is currently led only by Chair Michael Selig. The letter said the regulator would face significant rulemaking demands if the CLARITY Act advances. The request highlights how digital asset market legislation can increase the CFTC’s workload by requiring new oversight frameworks and implementation rules.

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