Proposed
Bill · 119th Congress · HR 7488
CFTC Office of the Chief Economist Act of 2026
Refreshed 2 h ago
Introduced 2026-02-11Topic: economy jobsSummary
AI-generated summary, report an errorThis 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.
Sponsors
- Robert P. Bresnahan, Jr. Republican sponsor
- 2 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-03-20 | House | Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. | refer |
| 2026-02-11 | House | Referred to the House Committee on Agriculture. | refer |
| 2026-02-11 | Introduced in House | introduce | |
| 2026-02-11 | Introduced in House | introduce |