As Congress moves forward with crypto legislation including the Clarity Act, Senator Elizabeth Warren has raised alarms about the diminished capacity of the Commodity Futures Trading Commission to provide effective oversight. Warren formally requested internal records from the CFTC covering staff departures, supervision of prediction markets, and communications related to the Clarity Act — a bill that would define regulatory boundaries between the CFTC and SEC for digital assets. Her concerns suggest that advancing broad crypto legislation while the CFTC faces institutional weakening could leave markets inadequately supervised. The move reflects ongoing tension between lawmakers who want clearer crypto rules and those who argue the regulatory infrastructure must be strengthened before new frameworks are introduced.
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