HUGE: 🇺🇸Trump nominates FOUR picks for SEC and CFTC seats, raising hopes for clearer U.S. crypto rules. Now the timing matters. Republicans are set to lose their Senate…
Original source excerpt
HUGE: 🇺🇸Trump nominates FOUR picks for SEC and CFTC seats, raising hopes for clearer U.S. crypto rules. Now the timing matters. Republicans are set to lose their Senate majority in January, leavi…
HUGE: 🇺🇸Trump nominates FOUR picks for SEC and CFTC seats, raising hopes for clearer U.S. crypto rules. Now the timing matters. Republicans are set to lose their Senate majority in January, leaving a limited window to confirm the nominees before power shifts. The bipartisan lineup includes two Republicans and two Democrats. Notably, both CFTC nominees worked on the Clarity Act. The nominees are: 1. Nathan Anonick for CFTC The Republican helped negotiate the Senate Agriculture Committee’s portion of the Clarity Act. 2. Matthew Rowland for CFTC The Democrat and CFTC attorney also worked on the Clarity Act and the committee’s 2024 crypto bill. 3. Kristin Johnson for SEC The Democrat and former CFTC commissioner has focused on crypto custody, DeFi, AI and market safeguards. 4. Steven Levine for SEC The Republican and former SEC adviser would succeed Hester Peirce, one of the agency’s strongest crypto advocates. The nominations were sent to the Senate on November 12 and now await confirmation. Whoever fills these seats will help shape U.S. crypto regulation FOR YEARS.
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