Key members of the U.S. House of Representatives have called on President Trump to appoint a full slate of Commodity Futures Trading Commission (CFTC) commissioners. In a letter sent on May 16, both Republican and Democratic leaders emphasized the need for a fully staffed five-member commission to effectively regulate the cryptocurrency industry. The CFTC is currently led by Republican Chairman Mike Selig, the sole commissioner. The bipartisan appeal, led by Republican Chairman Glenn "GT" Thompson and Democratic Representative Angie Craig, highlights the urgency of nominating four new commissioners—two from each party. This move comes as the CFTC is set to take on new regulatory responsibilities, with the Clarity Act advancing in the Senate to standardize market structures for cryptocurrencies.