FORBES · 2026-11-03 12:35 UTC

After The Midterms The SEC And CFTC Face A Crypto Leadership Test

Midterm elections could reshape crypto regulation by determining whether Congress fills key vacancies at the SEC and CFTC, which currently lack bipartisan leadership required by statute. The SEC and CFTC have taken unilateral regulatory actions on crypto due to commissioner shortages, but House Financial Services Chair French Hill and others argue only Congress can provide permanent legislative solutions. Industry groups and regulators face pushback over claims of regulatory overreach, with lawsuits filed against agencies like the OCC for exceeding statutory authority on crypto charters.

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