Trump nominates Hester Peirce successor among SEC, CFTC picks

Trump nominates Hester Peirce successor among SEC, CFTC picks

Summary

Donald Trump nominated four people to fill vacancies at the SEC and CFTC, with all appointments requiring Senate confirmation. Steven Levine would replace crypto advocate Hester Peirce at the SEC; his views on crypto regulation are not well established. Former CFTC commissioner Kristin Johnson was nominated for another SEC seat and has supported stronger protections for crypto customers. Nathan Anonick and Matthew Rowland, both involved in work on the CLARITY Act, were nominated to the CFTC. The SEC has two of five commissioners and the CFTC only its chair, making the appointments significant for agencies shaping US crypto policy. Republicans have a limited window to secure confirmation before Democrats take control of the Senate in January.