White House Reconsiders Pro-Crypto Pick for CFTC Chair
From financefeeds.com
The White House is reconsidering its approach to filling the top role at the Commodity Futures Trading Commission (CFTC), the U.S. regulator responsible for overseeing futures, derivatives, and increasingly, cryptocurrency markets. The administration’s initial choice, former CFTC commissioner Brian Quintenz, is facing resistance from both political circles and segments of the financial industry, prompting officials to explore other potential nominees. According to Bloomberg and other reports, the Biden administration is actively weighing additional candidates for the chairmanship. Names under consideration include ...
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