PANews
PANews|May 16, 2026 00:14
[Several U.S. House Representatives Send Letter to Trump, Urging Appointment of Full CFTC Commissioner Roster] According to CoinDesk, several key members of the U.S. House of Representatives jointly sent a letter to President Trump, urging him to appoint a full roster of commissioners for the Commodity Futures Trading Commission (CFTC), including Democrats. The leading members from both the Republican and Democratic parties on the committee overseeing the agency believe that a full five-member commission would 'better serve' the public, especially as the commission takes on new cryptocurrency regulatory responsibilities. With the introduction of new rules and the advancement of the Clarity Act in the Senate, aimed at standardizing market structures, the agency is expected to play a central role in regulating the cryptocurrency industry.
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