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Trump’s CFTC Nominee Brian Quintenz Withdrawn After Crypto, Senate Stalemate
The White House has withdrawn the nomination of Brian Quintenz to lead the U.S. Commodity Futures Trading Commission. The move ends a confirmation process that faced delays and growing opposition in recent months. Quintenz, who served as a CFTC commissioner from 2017 to 2021, was nominated earlier this year by President Donald Trump. He was tapped to replace acting chair Caroline Pham and take permanent leadership of the derivatives regulator. Quintenz Issues Statement on Exit In a statement, Quintenz described the nomination process as an honor. He thanked the President and the Senate Agriculture Committee for their ... (full story)
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From moneycheck.com | Oct 1, 2025
The withdrawal of Brian Quintenz’s nomination for CFTC chair has left the future of the agency uncertain, especially with the ongoing leadership shortages. As the crypto industry faces regulatory challenges, industry groups are voicing their concerns and hopes for a replacement that can navigate the complexities of digital assets. With the potential impact ...
*SUPREME COURT REFUSES TO LET TRUMP IMMEDIATELY OUST FED'S COOK baaaam The US Supreme Court is to hear arguments over Trump's bid to remove Federal Reserve Governor Cook. 
Supreme Court allows the Fed's Lisa Cook to stay in office for now as Trump pushes to fire her The Supreme Court on Wednesday deferred action on whether President Donald Trump can immediately fire Federal Reserve board member Lisa Cook, instead agreeing to hear oral arguments in the case early next year. The move means that Cook can remain in office while the consequential legal question is decided. The court will hear oral arguments in January, the brief order said, with a ruling likely before the end of June. Trump had asked the court to allow him to immediately fire Cook while litigation continued in lower courts. Under the Federal Reserve Act, presidents are restricted from removing governors unless it is “for cause,” meaning there is evidence of wrongdoing. Trump has said he fired Cook for cause, over allegations of mortgage fraud made by one of his political appointees, Federal Housing Finance Agency Director Bill Pulte. Cook has denied the allegations, and bank documents obtained by NBC News appear to contradict the fraud claim. Since taking office in January, Trump has pushed for lower interest rates and had criticized the Fed for failing to act on his wishes. While the president's aggressive use of executive power has often led to setbacks in lower courts, the Supreme Court has regularly granted the administration's emergency requests that allow his policies to move forward.
Supreme Court allows the Fed's Lisa Cook to stay in office for now as Trump pushes to fire her The Supreme Court on Wednesday deferred action on whether President Donald Trump can immediately fire Federal Reserve board member Lisa Cook, instead agreeing to hear oral arguments in the case early next year. The move means that Cook can remain in office while the consequential legal question is decided. The court will hear oral arguments in January, the brief order said, with a ruling likely before the end of June. Trump had asked the court to allow him to immediately fire Cook while litigation continued in lower courts. Under the Federal Reserve Act, presidents are restricted from removing governors unless it is “for cause,” meaning there is evidence of wrongdoing. Trump has said he fired Cook for cause, over allegations of mortgage fraud made by one of his political appointees, Federal Housing Finance Agency Director Bill Pulte. Cook has denied the allegations, and bank documents obtained by NBC News appear to contradict the fraud claim. Since taking office in January, Trump has pushed for lower interest rates and had criticized the Fed for failing to act on his wishes. While the president's aggressive use of executive power has often led to setbacks in lower courts, the Supreme Court has regularly granted the administration's emergency requests that allow his policies to move forward.
From cnbc.com | Oct 2, 2025
Donald Trump Jr. on Wednesday dismissed criticism that a crypto venture tied to his family had any potential conflicts of interest, as his firm, World Liberty Financial, seeks global investors. Concerns that World Liberty Financial investors may be seeking favor with the Trump administration are “complete nonsense,” Trump Jr. told CNBC on the sidelines of ...
