CFTC Takes Matters Into Its Own Hands: Seeks White House Review for Crypto Market Rules Following Senate Stalemate

By PYMNTS Published September 18, 2026 Main Facts In a decisive move that signals a dramatic shift in U.S. financial regulation, the Commodity Futures Trading Commission (CFTC) has officially submitted a landmark proposal to the White House’s Office of Management and Budget (OMB) aimed at establishing a comprehensive regulatory regime for crypto asset transactions and…

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Headline: Regulatory Retreat: Senator Warren Demands GAO Investigation into ‘Hollowing Out’ of the CFTC Amid 25% Staffing Cut

WASHINGTON, D.C. — In a move that signals a burgeoning confrontation between the legislative branch and the executive’s financial regulators, Senator Elizabeth Warren (D-MA) has formally requested a federal investigation into the Commodity Futures Trading Commission (CFTC). The request, directed to the Government Accountability Office (GAO), alleges that a "precipitous drop" in enforcement activity and…

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