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Trump nominates Anonick and Rowland to fill two CFTC vacancies
The nominees would fill two of four vacancies at the five-member commission, which regulates derivatives markets.
President Donald Trump nominated Republican Nathan Anonick and Democrat Matt Rowland on Thursday to fill two vacancies at the US Commodity Futures Trading Commission, according to InGame.
The five-member CFTC has had four vacant seats since last December. Chairman Michael Selig is its sole current member.
Anonick, counsel to Sen. John Boozman on crypto and derivatives markets, was nominated for a term expiring in 2031. Rowland, a CFTC staff attorney, was nominated for a term ending in 2028.
Selig congratulated both nominees on X and said he looked forward to working with them upon their confirmation by the US Senate.
The nominations come as the incoming Democratic Congress has raised questions about the legality of prediction markets, particularly contracts tied to sports events, InGame reported. Democrats will take control of the House and Senate in January.
Anonick previously worked at the FDIC on plans for handling large bank failures. He later helped negotiate the Senate Agriculture Committee's portion of the Clarity Act, a crypto market structure bill.
Rowland also worked on the bill while on loan from the CFTC to the committee. He has spent more than a decade at the commission. The Senate Agriculture Committee will consider the nominations first, InGame reported.