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Christine Johnson out of CFTC next week


Christine Johnson, the commissioner of the futures trading committee for the outgoing American commodities, says that she will leave the organizational authority next week, on Wednesday, September 3, after saying earlier this year that she will leave the agency before 2026 after completing its term.

Johnson He said In a statement on Tuesday, it considered it a “honor and privilege” to work as an organizer in the financial market and feels “an inspiration for digging and doing more” while looking for “new ways to be a service for customers, markets and our nation.”

She cited her work, which suggests initiatives to assess electronic threats and integrate artificial intelligence into financial markets as high points of time with CFTC.

Johnson is the only Democratic Commissioner of CFTC, who joined March 2022 after his candidacy by former US President Joe Biden.

source: CFTC

It will leave its exit, the organizer An empty empty plate approximatelyWhich can slow down its work in organizing the encryption market. Only the CFTC Caroline Fam will act will head the agency, which will also leave once Brian QuintnsIt was confirmed that President Donald Trump’s choice was to lead the organizer.

CFTC should focus on growth and consumer protection

In the future, Johnson said that CFTC staff should obtain the necessary support and investments to be successful, especially when “such important changes on markets and market structure are considered.”

It also reported that the encryption should work within the framework of accountability and control, and that the committee can give priority to growth while protecting the stability of the market and customers from fraud.

She said: “Sustainable growth depends on or is mentioned better on a regulatory framework that ensures that the markets remain flexible in the face of fluctuations, uncertainty and tension.”

“The goals of growth and market safety are not mutually exclusive. There is no real conflict between progress in growth capabilities and maintaining market stability or integrity.”

Vacancies can slow organizational work

Along with the Securities and Exchange Committee, CFTC dealt with organizational and enforcement issues Encryption. Republicans in Congress are also trying to issue laws that grant CFTC greater supervision of the sector.

The first “Crypto Sprint” statement at CFTC on August 1 said Work closely with the Supreme Education Council To create a process to set the rules and use its “current powers to provide dark organizational clarity”.

One commissioner still can Representation With the authority to apply for rules and supervise all commission activities under the commodity exchange law.

Now Christine Johnson is officially leaving, and Caroline Fam is the only sure sure member in the committee. source: CFTC

However, outgoing Commissioner Christie Goldsmith Romero He said in May that the exit Among the best copper copper in the agency is “not a great position” for encryption regulations because it leaves a less variety of opinions.

Previous CFTC President Rosten Painam resigned on January 20When he took over the Trump administration, while the summer stepped down Mersenger and Christie Goldsmith Romero in May.

Related to: We must pass regulations or risk for losing encryption race – Wyoming Seminar

Five Commissioners are supposed to form CFTC, and it can not be more than three of the same political party.

QUINTENZ confirmation is still forgetting

Trump’s choice of CFTC – Brian Quintns – is still forgetting after the White House Intervention The Senate voted on its candidacy in late July.

numerous The invitation group for encryptionS called for the confirmation of Quintenz, on the pretext that a permanent chair was decisive for the commodity organizer to achieve encryption goals.