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White House vets candidates for four open CFTC commissioner seats amid Clarity Act delays

Market News
04 Sep 2026
CNBC
View Source
Neutral
White House vets candidates for four open CFTC commissioner seats amid Clarity Act delays

The White House has vetted candidates for four open commissioner positions at the Commodity Futures Trading Commission (CFTC), which currently operates with only one member, Chairman Michael Selig. The CFTC is supposed to have five commissioners from both political parties, but vacancies have stalled due to political negotiations, including disagreements related to the Clarity Act, a cryptocurrency market structure bill. Democrats have urged the White House to fill these bipartisan seats to ensure full commission functionality and support for the Clarity Act, which faces a key Senate vote on September 15. The White House has not yet acted on nominations, and if the Clarity Act fails, the vacancies may remain unfilled, impacting regulatory oversight.

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Michael Saylor says Bitcoin advocacy is protected free speech in the US without needing a financial license.

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