CFTC Office of the Chief Economist Act of 2026
To create an Office of the Chief Economist at the Commodity Futures Trading Commission.
HB7488 is a bill introduced in the House to establish an Office of the Chief Economist at the Commodity Futures Trading Commission (CFTC). This office would be responsible for providing economic analysis and insights to help inform the CFTC's regulatory decisions and policies.
The creation of this office would impact the CFTC's operations and decision-making process, potentially enhancing the quality and depth of economic analysis used to regulate the commodities and derivatives markets. This could lead to more informed decisions and potentially affect market participants and consumers.
As of February 11, 2026, HB7488 has been introduced and referred to the House Committee on Agriculture. The next steps will involve committee review, possible amendments, and a vote before it can move forward in the legislative process.