Reports on Trump's SEC and CFTC nominations agree on the picks but disagree on whether Democrats take only the Senate or both chambers of Congress in January.
Reports on Trump's SEC and CFTC nominations agree on the picks but disagree on whether Democrats take only the Senate or both chambers of Congress in January.
What all sources agree on
- Trump nominated Steven Levine and Kristin Johnson for SEC seats, and Nathan Anonick and Matthew Rowland for CFTC seats.
- Levine is nominated for a term ending June 5, 2030, replacing Hester Peirce.
- Johnson is nominated for the seat held by Caroline Crenshaw, with a term ending June 5, 2029.
- Anonick and Rowland both worked on the Clarity Act / Digital Asset Market Clarity Act.
- CFTC Chairman Mike Selig called Anonick and Rowland 'two strong bipartisan picks.'
- The SEC currently has only two of its five commissioner seats filled.
- Michael Selig is currently the sole member of the CFTC's five-seat commission.
- All four nominations require Senate confirmation.
Where the reports disagree
1Which chamber(s) of Congress Democrats will control starting January
The nominations come weeks before Democrats are set to take control of the Senate in January.
The latest nominations come as Democrats are scheduled to assume control of the Senate in January.
Democrats will control both congressional chambers in January following their victories during November's midterm elections.
What would settle it: Official results of the November midterm elections and current Senate/House composition records from Congress.gov
What to make of it
Treat the nominee names, terms, and backgrounds as established since all three sources agree; the claim about which chamber(s) of Congress change hands in January is contested and should not be repeated as settled fact until checked against official election results.
Treat the nominee names, terms, and backgrounds as established since all three sources agree; the claim about which chamber(s) of Congress change hands in January is contested and should not be repeated as settled fact until checked against official election results.
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