Trump nominates Hester Peirce successor among SEC, CFTC picks

The White House also named a former CFTC commissioner and two CLARITY Act veterans as nominees to fill vacancies at the SEC and CFTC.

US President Donald Trump has nominated Steven Levine to replace former Securities and Exchange Commission Commissioner Hester Peirce, one of the agency’s most prominent crypto advocates, as part of four nominations to fill vacancies at the SEC and Commodity Futures Trading Commission.

The White House’s latest announcement on Thursday named two nominees each for the SEC and the Commodity Futures Trading Commission, agencies whose decisions help shape US cryptocurrency regulation, among other functions. All four nominations require Senate confirmation.

The nominations would replenish several commissioner roles. The SEC currently has only two of its five commissioner seats filled, while CFTC Chairman Michael Selig is the sole member of his agency’s five-seat commission.

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