A bill to amend the Commodity Futures Trading Commission Act of 1974.

Deletes the requirements in the Commodity Futures Trading Commission Act of 1974: (1) for concurrent submission of the Commission's budget requests to the Congress and to the President (or the Office of Management and Budget); (2) for concurrent submission of the Commission's legislative recommendations, or testimony, or comments on legislation to the Congress and to the President (or the Office of Management and Budget); and (3) for Senate confirmation of the Commission's Executive Director.