Christy Goldsmith Romero will leave the Commodity Futures Trading Commission (CFTC) on May 31, 2025, after more than two years in office. Her resignation was announced on May 16. Romero earlier said she would depart only after the Senate confirmed Brian Quintenz as CFTC chair.
During her time at the agency, Romero helped establish the Technology Advisory Committee. She also supported the CFTC’s $2.7 billion settlement with Binance in 2023. The enforcement came as part of a broader case involving multiple U.S. authorities.
“It has been a tremendous honor to conclude my 23 years of federal service at an agency with such an important mission,”
Romero said.
Summer Mersinger Exits to Join Blockchain Association
Summer Mersinger will leave the CFTC on May 30 to become CEO of the Blockchain Association, a crypto-focused policy group. Her exit, one day before Romero’s, reduces the number of confirmed commissioners at the CFTC.
After their departure, only Caroline Pham and Kristin Johnson will remain. Pham, a Republican, currently serves as acting chair. Johnson holds a Democratic seat.
Pham has stated she plans to resign if the Senate confirms Quintenz.
Trump Could Appoint Majority of CFTC Members
If Brian Quintenz is confirmed, President Donald Trump would be positioned to appoint three new commissioners. The CFTC allows no more than three commissioners from the same party.
If Pham follows through on her resignation, Trump’s administration could select four out of five CFTC seats. This would give the president substantial influence over the commission’s structure and direction.
Congress is currently reviewing a draft bill that seeks to define the roles of the CFTC and the Securities and Exchange Commission (SEC) in digital asset regulation. The legislation aims to establish clear boundaries for enforcement and oversight of crypto assets.
Romero’s resignation comes while this legislation remains under discussion. With three commissioners departing, the CFTC may face delays in policy enforcement tied to the bill.
