Kristin Johnson, the sole Democratic commissioner of the U.S. CFTC, to resign on September 3
JH Kim
Summary
- Kristin Johnson, the only Democratic commissioner of the U.S. CFTC, is reportedly set to step down on September 3.
- With Commissioner Johnson's resignation, the CFTC will transition to a single leadership structure under Acting Chair Caroline Pham.
- Commissioner Johnson emphasized that the CFTC needs more support to carry out its expanded roles, including the regulation of digital assets.
According to Bloomberg on the 26th (local time), Kristin Johnson, the only Democratic member of the U.S. Commodity Futures Trading Commission (CFTC), is scheduled to resign on September 3.
With her departure, the CFTC will move to a single-leadership structure under Acting Chair Caroline Pham.
In her resignation statement, Commissioner Johnson stressed, "The CFTC needs to receive more support to fulfill its expanded roles, such as regulating digital assets."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
