Trump considers nominating Democrats to SEC and CFTC, brightening prospects for Senate crypto bill

President Trump indicated his willingness to appoint Democrats to the SEC and CFTC, aiming to revive the stagnant crypto market structure bill in the Senate. Current vacancies lack Democratic representation, affecting bipartisan support for these critical regulatory bodies.

As the Supreme Court may soon allow Trump to dismiss agency commissioners, the balance of power in regulatory agencies could shift. This scenario could hinder bipartisan efforts, complicating the approval process for crucial crypto regulations.

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