Investment bank TD Cowen has suggested that appointing Democratic members to the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) could facilitate progress on the U.S. Crypto Market Structure Act. The primary hurdle to the bill's passage is not its regulatory framework but a political dispute over conflict-of-interest rules. Democrats are advocating for a ban on senior government officials and their families engaging in certain digital asset transactions, a move that would impact Trump and his family due to their involvement in crypto projects. TD Cowen highlighted that Democrats are unlikely to drop this requirement, using Trump's crypto holdings as a campaign issue. The political divide has led to a stalemate, with Republicans opposing the proposal, fearing a veto from Trump. A potential resolution could involve a bipartisan compromise where Trump agrees to fill the Democratic vacancies, and Democrats delay the conflict-of-interest provisions until after the next presidential inauguration.