CFTC Chairman to Examine National Security Risks from Geographical Concentration of Depositories for Precious Metals
Rep. Mark Harris questioned the CFTC on the national security risks of concentrating precious metals storage in the New York City area.
SOURCE CHECK
TAP FOR WHYOutlet credibility · newswire.com
Not enough stories yet: 1 of 10.
This article1 analysis · Apr 18, 2026
SOURCEnewswire.com
Published Apr 16, 2026
tl;dr
CFTC Chairman Michael Selig pledged to work with House lawmakers on the SILVER Act (H.R. 8007), which aims to reduce national security risks by diversifying the geographic concentration of precious metals depositories beyond the New York City area.
Community verdict
12 VOTES
Rated by people, not pundits.● OPEN
People in this story
SWIPE →
Russ Fulcher
R · ID-1
Lead sponsor of the SILVER Act
ALSO MENTIONED Michael Selig, CFTC Chairman responding to oversight
Discussion · 0
What's your take?
Loading comments…