In a time of budget austerity for most Trump administration agencies, the Commodity Futures Trading Commission stands apart as a regulator that is asking Congress for more money.
The CFTC is requesting $410 million for fiscal 2027, an increase of $45 million, or 12 percent, from its enacted fiscal 2026 level. The agency also wants to add 14 full-time staff for a total of 650 full-time equivalents.
The proposed funding is needed to help the agency stay on top of rapid market changes that have produced a wide range of retail derivative products and substantial increases in trading speed and volumes, CFTC Chairman Michael Selig wrote in a letter to House and Senate appropriators accompanying the request.
