US CFTC begins staff firings, agency source says
Employees from the CFTC's enforcement, market oversight, administration and data divisions are expected to be affected as part of a more general reorganization at the regulator, the source said.
Trump, until recently alongside his now former special adviser Elon Musk, had called for a reshaping of the federal government workforce including a purge of workers.
The CFTC had 636 full-time equivalent staff positions in fiscal 2025, according to an agency report. The regulator has also recently reduced significant numbers of staff through a series of voluntary resignation programs that were also offered in other agencies.
Under acting Chair Caroline Pham, a Republican, the agency has rolled out a series of changes, including reorganizing its enforcement division.
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