Another day, another round of Commodity Futures Trading Commission (CFTC) news, with the big story coming via President Donald Trump, who has nominated Brian Quintenz to become chairman.
“It is my great honor to be nominated by President Trump as the next Chairman of the Commodity Futures Trading Commission, where I had served as a Commissioner in his last administration,” Quintenz said in a statement posted on X. “The CFTC plays a critical role in maintaining robust hedging and price discovery markets that are the envy of the globe. The agency is also well poised to ensure the USA leads the world in blockchain technology and innovation. I look forward to working with President Trump’s incredible financial regulatory team.”
News of Quintenz being nominated was first reported by Bloomberg Tuesday night. Currently serving as acting chairman is Caroline Pham.
Quintez has experience with crypto, too
Quintez served as a commissioner on the board during Trump’s first term as president. He was originally tabbed by then-president Barack Obama to serve on the CFTC in 2016. But his nomination wasn’t voted on before the Senate adjourned for the year. Trump originally withdrew the nomination before renominating him.
Quintenz has been serving as the head of policy at Andreessen Horowitz’s a16z crypto.
Notably, after leaving the CFTC in 2021, Quintenz joined the board of the CFTC-registered entity and trading platform Kalshi.
Read the full story here.
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