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US HB6598
Bill
Status
12/10/2025
Primary Sponsor
Austin Scott
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AI Summary
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Amends Section 18 of the Commodity Exchange Act to require the CFTC to establish research, development, demonstration, and information programs focused on emerging technologies, cybersecurity, data security, and systemic risk implications for regulated markets
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Grants the CFTC "other transaction authority" to enter into non-contract agreements that bypass standard federal procurement rules when contracts are not feasible, with competitive processes required where appropriate
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Authorizes the CFTC to accept non-monetary contributions (facility access, property, services, research sharing) from outside parties for research programs, subject to ethics restrictions preventing conflicts of interest or appearances of endorsement
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Requires the CFTC to notify the House and Senate Agriculture Committees within 14 days of accepting any non-monetary contribution, and to submit annual reports detailing all transactions and contributions
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Sets a sunset date of October 1, 2031 for the non-monetary contribution acceptance authority
Legislative Description
Commodity Futures Trading Commission Research and Development Modernization Act of 2025
Last Action
Referred to the House Committee on Agriculture.
12/10/2025