White House has vetted candidates for CFTC vacancies, sources say

The White House has reviewed candidates for four open commissioner seats at the Commodity Futures Trading Commission, according to people familiar with the matter, though it is still unclear whether nominations will move forward. The CFTC is designed to have five commissioners from both parties, but it now has only one member, chairman Michael Selig. The agency oversees futures, options and swaps markets, and also has a role in regulating digital assets and prediction markets. The vacant seats have become part of broader Senate negotiations over the Clarity Act, a crypto market structure bill. Democrats have argued that the White House should fill the bipartisan openings, while Republicans involved in the talks say the nominations could matter for the bill’s chances of passing. A key Senate vote on the measure is scheduled for Sept. 15.