U.S. Lawmakers Urge Trump to Fill CFTC as Crypto Oversight Expands

Senior U.S. House lawmakers are urging President Donald Trump to appoint a full group of commissioners to the Commodity Futures Trading Commission (CFTC) as the agency prepares for a larger role in crypto regulation.

House Agriculture Committee Chairman Glenn “GT” Thompson and senior Democrat Angie Craig sent a bipartisan letter asking the White House to nominate four additional commissioners, including members from both political parties. They argued that a full five-member commission would help improve decision-making and create stronger, more balanced regulations.

At present, the agency is operating under an unusual structure, with Republican Chairman Mike Selig serving as the CFTC’s only commissioner.

Crypto Regulation Increases Pressure on CFTC

Lawmakers said the request has become more urgent as the Digital Asset Market Clarity Act moves through Congress. The legislation would expand the CFTC’s authority over spot digital commodity markets, increasing the agency’s responsibilities.

Leadership Debate Continues

Selig recently said the agency can continue operating without a full commission, but lawmakers believe bipartisan leadership is necessary to handle future crypto regulations and market oversight effectively.