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Proposed

Bill · 119th Congress · HR 7488

CFTC Office of the Chief Economist Act of 2026

Refreshed 2 h ago

Introduced 2026-02-11Topic: economy jobs

Summary

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This bill would create an Office of the Chief Economist within the Commodity Futures Trading Commission (CFTC), led by a Chief Economist. The Chief Economist would advise the Commission and carry out economic analysis, cost-benefit analysis of regulations, and research. The bill would let the Commission hire economists, research analysts, data specialists, and certain market experts for this office using excepted-service hiring rules instead of competitive-service rules, while keeping those positions in the competitive service. It would also require the Commission to coordinate with the office when weighing the costs and benefits of its actions, and add market liquidity to the factors it must consider.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-03-20HouseReferred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.refer
2026-02-11HouseReferred to the House Committee on Agriculture.refer
2026-02-11Introduced in Houseintroduce
2026-02-11Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-10-31. Provisions and opinion polling arrive in a later release.