⚖️ Trump Considers New CFTC Chair Pick Amid Quintenz–Winklevoss Clash

According to a Bloomberg report, the White House is reassessing its nomination for the Commodity Futures Trading Commission (CFTC) chair as Brian Quintenz’s confirmation process stalls.

🔹 Key Developments:

▫️ The White House has asked the Senate Agriculture Committee to pause the vote on Quintenz’s nomination.

▫️ Michael Selig (Chief Counsel to the SEC’s crypto task force) and Tyler Williams (Counselor to Treasury Secretary Scott Bessent on crypto policy) have emerged as alternative candidates.

▫️ Reports indicate Tyler Winklevoss personally urged President Trump to delay Quintenz’s confirmation.

🔹 Why It Matters:

The Winklevoss twins have been major supporters of Trump’s pro-crypto agenda, donating $21 million to the Digital Freedom Fund PAC. Their influence could play a decisive role in shaping who leads the CFTC — a key regulator for derivatives and crypto markets.

🔹 Context:

Earlier this month, Quintenz responded publicly on X, stating he believes President Trump “may have been misled” and expressed his willingness to support the administration’s agenda in any capacity.

💡 Takeaway:

This potential leadership shift at the CFTC underscores the growing intersection of crypto policy, regulation, and politics — with key industry players exerting unprecedented influence over U.S. regulatory appointments.

#CFTC #CryptoPolicy #DigitalAssets #Blockchain #Regulation

https://coingape.com/trump-considers-new-cftc-chair-pick-amid-brian-quintenz-clash-with-winklevoss/?utm_source=coingape&utm_medium=linkedin