US House committee leaders are urging former President Trump to nominate members for the Commodity Futures Trading Commission. They cite the CLARITY Act, emphasizing the need for a fully staffed panel to provide market certainty.

House committee leaders have formally requested that former President Donald Trump nominate individuals to fill the open commissioner positions at the US Commodity Futures Trading Commission (CFTC). The current agency is led by Acting Chair Michael Selig, but lacks a full five-member board. The leaders are invoking the CLARITY Act, a piece of legislation that underscores the importance of a complete commission for ensuring clear and stable markets. Their push aims to bring full operational capacity and decisive leadership to the regulatory body, which oversees derivatives markets in the United States.