Trump appointed 4 SEC and CFTC picks, including CLARITY Act administrators.
The Trump administration has appointed four people to the SEC and CFTC, including Christine N. Johnson and Stephen Levine for the SEC, and Nathan Anonick and Matthew Rowland for the CFTC, all have experience with the CLARITY Act.
The nominees face a tight confirmation schedule, with Senate Republican leaders seeking committee approval by Nov. 20 to include them in a year-end confirmation package during the lame-duck session.
The political climate of crypto regulation is changing, with Democrats set to take control of Congress, which could delay the CLARITY Act and lead to new legislation that could increase SEC oversight while reducing the role of the CFTC.