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Politics · US federal government · published 2026-10-08 · via KPBS

CFTC Enforcement and Staffing Drop as Crypto Markets Grow

Image via KPBS
Image via KPBS

The Commodity Futures Trading Commission has seen sharp reductions in staff and enforcement actions during the second Trump administration. By the end of 2025, its workforce was 21% below the previous decade's average, and enforcement actions fell nearly 80% compared with the annual average. Former enforcement lawyer Jeff Le Rich says the drop followed the administration's friendlier stance toward the crypto industry.

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[paragraph] No extra. Need maybe blank line between sections? Fine. "2 short paragraphs" under 120 words total. We can include two paragraphs. Need ensure no source phrasing copied. Let's refine to avoid exact phrases. "Under the Biden administration" maybe source "under the Biden administration" exact? It says "the CFTC under the Biden administration had leveled enforcement cases..." That's source phrasing. We can say "During President Biden's term, the agency brought fraud allegations against..." But source says cases against crypto companies for fraud. "During President Biden's term" okay. "brought fraud allegations" maybe not exact. "crypto companies" source. Fine. "Gemini, Mirror Trading, Voyager, Celsius, FTX, and Polymarket" list. Good. Maybe "After Trump won the 2024 election" source exact? It says "after President Trump won the 2024 election." We can say "Following Trump's 2024 win..." Good. "By the end of 2025, its payroll was 21% below the prior decade's average" source "B

Expanded detail and Context are AI-generated analysis; the linked article remains the authoritative source.
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This summary is Al-enhanced to contain extended analysis and broader social context. The original is {NAME); the linked article is the authoritative source. Original headline: “As crypto and prediction markets expand, their regulator shrinks.” Browse more stories.