Kristin Johnson has announced that she will leave her role at the US Commodity Futures Trading Commission (CFTC) on September 3.
Her decision to depart comes after she previously stated that she would not remain in the position through the full term, which ends in 2026.
She released a press release on August 26 expressing appreciation for the opportunity to serve. Johnson mentioned that she is exploring other ways to contribute to the public good, particularly in areas that support consumers and the financial system.
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Johnson also emphasized the importance of continued support for CFTC staff. She stated that the agency must be equipped to manage large shifts in financial systems and trading practices, especially when those changes impact market structure.
She reiterated her view that digital asset firms should be held to clear rules, with oversight frameworks that promote both innovation and responsibility.
During her tenure at the CFTC, Johnson focused on topics that included cybersecurity and the impact of artificial intelligence (AI) on financial markets.
Appointed by President Joe Biden, Johnson joined the CFTC in March 2022 and was the only Democratic commissioner serving at the time. Once she steps down, only Acting Chair Caroline Pham will remain in office.
On August 9, Bo Hines announced his resignation as head of the White House’s crypto council. What did he say? Read the full story.
