CLARITY Act Faces CFTC Vacancy Fight Before Senate Floor Vote
The post CLARITY Act Faces CFTC Vacancy Fight Before Senate Floor Vote appeared on BitcoinEthereumNews.com. TLDR: The CLARITY Act faces a fresh political hurdle as White House officials and Senate Democrats dispute vacant SEC and CFTC seats. The CFTC vacancies matter since the crypto bill could give the agency broad authority over spot digital commodity markets. White House officials said they requested Democratic nominee names for SEC and CFTC seats but had not received a response. Senate talks now include nominations, ethics language, DeFi rules, and the timeline for passing the wider crypto bill. The CLARITY Act has moved into a new Senate pressure point as the White House and Democrats trade claims over vacant SEC and CFTC seats. White House officials told Senate leaders that the administration sought Democratic names for both agencies but had not received them. Democrats have argued that missing commissioners weaken the agencies expected to shape digital asset rules. The dispute n