Christine Johnson of the American Commodity Futures Trading Committee (CFTC) has announced that it plans to leave the agency before 2026.
In the notice of May 21, Johnson He said She planned to step down from CFTC “later this year”, after completing her term, which ended in April. The Commissioner, who fills a democratic seat, has worked on the financial side since March 2022 after his candidacy by former President Joe Biden.
In her farewell message, Johnson cited her work as a sponsor of the Market Risk Consulting Committee, which dealt with “emerging issues that arise with the introduction of decentralized financial products such as digital assets or cryptocurrencies and other emerging markets.”
Its departure can come before US President Donald Trump nominated an alternative and confirmed by the majority of the Senate. Summer Commissioners Miringer and Christie Goldsmith Romero formerly They said they will be On May 30 and May 31, respectively, CFTC Caroline Fam Chair is He said She planned to move to “to the private sector” if Brian Quintns is the next president for the agency.
One of the position in the five -seat CFTC has been empty since the departure of former President Rustin Painam in February. Under CFTC instructions, commissioners can Complement To work after the end of their conditions until “a successor and qualification” is appointed, “provided that it is before the next session of the Congress.
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Johnson’s notification suggested that the entire leadership of one of the most important financial organizers in the United States can be replaced by Trump’s choices early in 2026. President Quintns nominated to include as President of CFTC in February, but the Senate has not moved to confirm it for more than three months.
Along with the Securities and Stock Exchange Committee (SEC), CFTC dealt with specific regulatory issues and enforcement related to digital assets. However, the lack of “clear rules of the road”, according to some legislators and industry leaders. Calls Create an organizational structure in the digital asset market, and clarify the roles that each agency must play.
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