According to Odaily, crypto journalist Eleanor Terrett shared on the X platform that Brian Quintenz is set to express his support for Congress granting new jurisdiction to the U.S. Commodity Futures Trading Commission (CFTC) over the spot crypto commodity market. Quintenz described this potential development as "possibly the most exciting and important moment in the agency's history." He is scheduled to attend the Senate Agriculture Committee's confirmation hearing at 3 p.m. Eastern Time.