Source: Cointelegraph
Original: “CFTC Loses Another Member, Leaving Only Two Commissioners After May 31 Departure”
Christy Goldsmith Romero of the U.S. Commodity Futures Trading Commission (CFTC) will depart on May 31, leaving three vacancies at the financial regulatory agency.
In an announcement on May 16, Romero stated that her last day at the agency would be May 31, earlier than her initial plan to leave after the Senate confirmed former commissioner Brian Quintenz as the new chairman. Her departure comes a day before commissioner Summer Mersinger is expected to leave to join the crypto advocacy group Blockchain Association as CEO.
Romero said, “It is a tremendous honor to conclude my 23-year federal service career at an agency with such an important mission, ensuring that financial markets play a critical role in the U.S. and global economy.”
With Romero and Mersinger's impending departures, the CFTC will be left with only two Senate-confirmed members: acting chair Caroline Pham and commissioner Kristin Johnson, who hold one Republican seat and one Democratic seat, respectively. However, Pham has also announced her intention to leave after Quintenz's confirmation. The leadership changes may provide President Donald Trump with the opportunity to select three new commissioners after the Senate handles Quintenz's nomination.
Assuming Quintenz is likely positioned as one of the Republican seats on the CFTC and is confirmed, Trump will still be able to completely reshape the commission's leadership by selecting four out of five members. CFTC rules stipulate that no more than three commissioners can be from the same political party.
As leadership changes occur at one of the most important financial regulatory agencies in the U.S., House lawmakers are considering a legislative proposal that could establish a regulatory framework for digital assets. The bill is expected to clarify the regulatory and enforcement authority of the CFTC and the U.S. Securities and Exchange Commission (SEC) over many cryptocurrencies.
During her tenure at the commission starting in 2022, Romero helped establish the CFTC's Technology Advisory Committee, partly in response to regulatory concerns from the crypto industry. She also supported U.S. authorities in their joint action against the cryptocurrency exchange Binance, ultimately reaching a $2.7 billion settlement with the CFTC.
Related: FBI Warns: AI Scammers Using Deepfake Technology Targeting U.S. Government Officials
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。