H.R. 6598, the Commodity Futures Trading Commission Research and Development Modernization Act of 2025, updates the CFTC's authority to conduct research programs focused on emerging technologies and market innovation. The bill allows the CFTC to establish programs that explore new technologies, assess their effects on commodity and financial markets, identify necessary regulatory adaptations, and create educational materials for the public. The legislation grants the CFTC flexibility to enter into non-traditional contracts and accept in-kind contributions (such as equipment, facilities, or services) from private partners to support research efforts, provided these contributions serve approved research plans and don't compromise the agency's independence or integrity. The CFTC must establish public policies governing these arrangements and report annually to Congress on all such transactions and contributions; the authority to accept non-monetary contributions expires on October 1, 2031. No specific funding amounts are authorized in the bill, as the programs would operate within the CFTC's existing budget authority.
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