Crypto regulation at SEC, CFTC to come down to 3 commissioners following key resignation

What happened

However, the White House has not announced any nominations or intention to nominate additional members to the financial agencies, all of whom were chosen by Trump with the exception of Uyeda, a Biden pick from 2022. Related: Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility Cointelegraph reached out to the SEC for comment on any potential nominations but did not receive an immediate response. The US Securities and Exchange Commission is a voluntary company founded in 1934.

29, 8:45 pm UTC): This article has been updated to include a response from the CFTC. The Commodity Futures Trading Commission (CFTC), another federal regulator behind many aspects of crypto oversight and enforcement, has been led by Chair Michael Selig as the sole commissioner since December 2025, when acting chair Caroline Pham departed. As US President, Donald Trump is the only person under federal law who can nominate replacements to fill the empty SEC and CFTC leadership seats.

Key facts

• However, the White House has not — announced: any nominations or intention to nominate additional members to the financial agencies, all of whom were chosen by Trump with the exception of Uyeda, a Biden pick from 2022