Business & Finance

White House vets candidates for vacant CFTC commissioner seats, report says

It remains uncertain if or when the administration will fill four empty slots on the derivatives regulatory board.

Updated Sep 5, 2026 · 12:19 UTC1 reports

The short version

The White House has vetted candidates for the four vacant commissioner seats on the Commodity Futures Trading Commission, which currently operates with only its chairman, Michael Selig.[CNBC]
Bipartisan lawmakers have called for the vacancies to be filled, and Senate Minority Leader Chuck Schumer submitted suggestions for Democratic slots in late July.[CNBC]
It remains unclear when the administration will make formal nominations, and a Republican working on crypto legislation expects the seats may stay empty if the bill fails to pass.[CNBC]

The White House has vetted candidates to fill four open commissioner positions at the CFTC.[CNBC]
The CFTC is currently functioning with only one commissioner, Chairman Michael Selig, out of its five mandated seats.[CNBC]
Senate Minority Leader Chuck Schumer submitted suggestions for open Democratic seats at the CFTC and SEC in late July.[CNBC]
House Agriculture Committee Chairman Glenn Thompson reported receiving no feedback from the White House regarding potential nominees.[CNBC]

It is unknown when or whether the White House will formally submit nominations for the vetted candidates.[CNBC]
The identities of the candidates suggested by Schumer and whether they were among those vetted have not been independently verified.[CNBC]

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.