Trump’s team is vetting new candidates for CFTC leadership after Brian Quintenz’s stalled nomination; top names include Michael Selig and Tyler Williams. The administration is weighing options to ensure a pro-crypto Commodity Futures Trading Commission that can advance digital asset oversight and exchange access.
Who is being considered: Michael Selig and Tyler Williams are among the leading alternatives under discussion.
Why the switch: Quintenz’s confirmation stalled after public pushback from Gemini co-founder Tyler Winklevoss.
Impact: A pro-crypto CFTC chair could accelerate rules enabling spot crypto trading on U.S. derivatives venues.
Meta description: CFTC leadership shake-up as Trump weighs new nominees like Michael Selig; learn who’s under consideration and what it means for crypto policy — read more.
Who is being considered to lead the CFTC?
CFTC leadership alternatives now include Michael Selig, chief counsel to the SEC’s crypto task force, and Tyler Williams, Treasury counselor on digital asset policy. Both candidates bring regulatory and market experience suited to expanding the Commodity Futures Trading Commission’s role in crypto oversight.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
Why did Brian Quintenz’s nomination stall?
Quintenz’s nomination lost momentum after public opposition from Gemini exchange co-founder Tyler Winklevoss. The controversy prompted the White House to pause the Senate vote. Quintenz later posted private-message screenshots suggesting the presidential campaign may have been briefed against him.
The reporter contacted the CFTC for comment; no immediate response was provided. Press accounts described the episode as influential fundraising donors exerting political pressure.
How would a new CFTC chair affect crypto markets?
Replacing the nominee with a pro-crypto leader could speed regulatory changes that impact market structure. The CFTC has already pursued initiatives such as the “crypto sprint” for offshore exchange participation and steps to allow spot crypto asset contracts on registered futures exchanges.
Expanded leadership at the CFTC is particularly consequential because recent resignations left the agency understaffed, with only acting leadership in place as Congress debates broader crypto oversight legislation.
‘,
‘
🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Michael Selig has served as chief counsel to the SEC crypto task force and worked in asset management law, offering legal and enforcement experience. Tyler Williams has been a Treasury counselor on digital asset policy and previously worked at Galaxy Digital, bringing policy and industry perspective.
Publicly, the White House has not formally withdrawn support but has asked the Senate to pause the vote while it evaluates alternatives and the political implications. Discussions about new candidates have intensified in recent weeks.
Influence from industry donors and executives underscores how corporate pressure can affect nominations. Companies like Gemini have publicly challenged enforcement actions, which in turn shapes political calculations around regulator appointments.
‘
];
var adplace = document.getElementById(“ads-htx”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex;
adplace.innerHTML = adscodesHtx[adsindex];
sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexHtx”, sessperindex);
}
})();