CFTC Faces Understaffing as Pro-Crypto Commissioner Departs for Blockchain Association
The U.S. Commodity Futures Trading Commission (CFTC) is bracing for prolonged understaffing as Commissioner Summer Mersinger announces her resignation effective May 30. Mersinger will assume the CEO role at the Blockchain Association, a key lobbying group for cryptocurrency policy, starting June 2.
This departure compounds existing vacancies at the derivatives regulator. President Trump’s nominee for CFTC chair, Brian Quintenz, faces a potentially lengthy confirmation process. The commission risks operating below full capacity for months during a critical period for crypto market oversight.
The Blockchain Association gains a seasoned regulator as it escalates its Washington influence campaign. The organization has emerged as a formidable force, funding legal challenges and building political alliances to shape digital asset regulation.