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The Senate Agriculture Committee is set to review Brian Quintenz, President Trump’s nominee for CFTC chair, as Congress debates the CLARITY Act. This legislation could redefine crypto oversight by expanding the CFTC’s regulatory role. Quintenz’s confirmation comes amid leadership changes and uncertainty over the bill’s Senate fate.
- Brian Quintenz’s CFTC chair nomination hearing is scheduled for July 21, with a full Senate vote expected soon after.
- The CLARITY Act, which passed the House, proposes making the CFTC the primary regulator for most digital commodities.
- The CFTC could face leadership shortages, with two commissioners set to depart by 2025 and no new nominations announced.
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