A federal bureaucrat is attempting to single-handedly push through financial regulations despite having no other commissioners to work with – and both parties are calling foul on this blatant power grab.
Commodity Futures Trading Commission (CFTC) Chairman Michael Selig told House lawmakers Thursday he plans to keep advancing regulations even though he's operating as the sole member of what should be a five-person commission. The arrangement has drawn sharp criticism from Democrats and Republicans alike, who rightfully see this as an abuse of the regulatory process.
During testimony before the House Agriculture Committee, Selig faced a barrage of criticism from Democrats who suddenly care about "bipartisan structure" – ironic, considering their party's history of ramming through policies without Republican input.
"This undermines the agency's bipartisan structure," complained Democratic lawmakers, apparently forgetting their own party's authoritarian tendencies when they held power.
But here's what's really happening: the administrative state is so addicted to expanding government control that bureaucrats like Selig can't help themselves. Even without a functioning commission, they're determined to pile more regulations onto American businesses and consumers.
Where Are the Other Commissioners?
The Trump-Vance administration now has a golden opportunity to reshape this rogue agency by appointing commissioners who will actually serve American interests instead of the swamp's agenda. With Republicans controlling government, there's no excuse for allowing holdover bureaucrats to operate unchecked.
This situation perfectly illustrates why President Trump's DOGE initiative, led by Elon Musk, is so desperately needed. Federal agencies have become too comfortable operating outside their intended boundaries, and bureaucrats have forgotten they serve the American people – not their own regulatory fantasies.
Patriots should be asking: Why is Selig so eager to push through regulations without proper oversight? What's he trying to accomplish before Trump can install America First commissioners who will actually protect our economic interests?
The administrative state's desperation is showing, and it's time to rein in these unelected bureaucrats once and for all.
