The future leadership of the US Commodity Futures Trading Commission (CFTC) has already faced four commissioner departures in 2025, hanging in balance after the White House withdraws the nomination of Brian Quintenz.
On Tuesday, a former commissioner and head of policy at the Crypto Division of Andresen Horovitz confirmed that the White House had officially announced. The return report reported that Gemini’s co-founder Cameron and Tyler Vinklevoss, both donors and supporters of US President Donald Trump, were pressurizing the White House to reconsider the Quintage.
Even the reports of opposed to Vinklevos in the US Senate and the Report of Vinklevos, several advocacy organizations for the Crypto and blockchain industry pushed to live with Quintage to lead CFTC for Trump.
https://www.youtube.com/watch?v=sumysrjvzm
Representatives of Crypto Council for Innovation, Blockchain Association, Dysenteralization Research Center, DEFI Education Fund, Digital Chamber, Satoshi Action Fund and Solana Policy Institute said in August, said in August that the head of the Quintanz Agency was “extraordinaryly well adapted”.
“Although we are disappointed [Quintenz] There will not be the next leader, we are confident that the administration will nominate someone with expertise and experience and will experience the agency to lead the next generation innovation, consumer-centric regulation efforts, “Digital Chamber CEO CEO Codi Carbone told the coinlagraph.
Michael Celling, Securities and Exchange Commission (SEC) was the chief advocate of the Crypto Task Force, among the potential candidates reported to replace the quintage; Tyler Williams, a counselor for American Treasury Secretary Scott Besant; Financial Services Advisor and Former CFTC Commissioner Jill Somar; Kyle Hutman, President of the National Credit Union Administration, and Milbank Partner Josh Sterling.
Cointelegraph reached Mithun for comment, but did not receive a response at the time of publication.
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CFTC faces leadership lack, imminent departure
Since 3 September, after the departure of Commissioner Christin Johnson, the CFTC Chairing Carroen Fam has served as the only head of the agency. The form said in May that he planned to move to the private sector after the Senate confirmed Quinance, which means that whoever chooses Trump as a replacement will possibly have a significant impact on goods and crypto policy.
The US Securities and Exchange Commission (SEC), another important financial regulator, is also a short-staff. After the departure of Jaime Lizárraga in January, the regulator had at least one vacant seat on its panel of five commissioners.
Till Wednesday, Trump was not yet put forward a name for the Democratic SEC Commissioner to fill a seat. The US government closed at midnight on Tuesday after Republican and Democratic MPs failed to reach an agreement on the funding bill.
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