Trump Nominates Two Democrats to SEC and CFTC Seats for First Time

President Donald Trump nominated four people, including two Democrats, to open seats at the SEC and CFTC, potentially changing the partisan balance at U.S. agencies that oversee crypto markets.

Trump submitted Matthew Rowland and Nathan Anonick for CFTC commissioner posts and Kristin Johnson and Steven Levine for SEC posts. Rowland and Johnson are Democrats; Anonick and Levine are Republicans.

The nominations mark the first time the Trump administration has nominated Democrats for seats on either commission. Each commission has one Democratic and one Republican nominee for its open posts.

At the SEC, Levine would take Hester Peirce's seat, while Johnson would replace Caroline Crenshaw. The two CFTC nominees have both worked on matters related to the Clarity Act.

Each candidate needs Senate confirmation before taking office. The nominations come as commissioner seats are vacant at both agencies, and confirmation will determine whether the four nominees can fill them.