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House Agriculture Leaders Urge Trump to Nominate Full CFTC Commission as CLARITY Act Moves Forward
TLDR: CFTC Chairman Michael Selig has been the agency’s only commissioner since December, with four seats still vacant. House Agriculture leaders argue a full five-member CFTC commission produces more durable and legally sound rules. The Senate Banking Committee advanced the CLARITY Act 15-9, expanding CFTC authority over spot digital commodity trading. Sen. Klobuchar proposed blocking new CFTC rules from taking effect until at least four commi…
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