CFTC Office of the Chief Economist Act of 2026
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill establishes an Office of the Chief Economist within the Commodity Futures Trading Commission (CFTC). The office will provide economic analysis, cost-benefit analysis, and research to advise the Commission on matters related to commodities and derivatives markets. It aims to strengthen the CFTC’s understanding of these markets and improve its regulatory decisions.
Key provisions
- Creates an Office of the Chief Economist within the CFTC.
- Designates the Chief Economist as the head of the office.
- Authorizes the Commission to appoint economists and analysts to the office using a streamlined hiring process.
- Requires the office to perform economic analysis and regulatory cost-benefit analysis.
- Directs the office to research futures, swaps, and commodities markets.
- Mandates consideration of market liquidity in the office's analysis.
- Amends existing law to ensure coordination between the CFTC and the new office.
- Clarifies the office’s role in analyzing markets under the CFTC’s jurisdiction.
Who is affected
- Commodity Futures Trading Commission (CFTC)
- Commodities and derivatives markets participants
- Financial market regulators
- Economists and financial analysts
- The general public (through improved regulation)
Notable changes
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3 on record
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