Trump is planning to choose former CFTC commissioner Brian Quintenz as chair – CoinJournal

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  • Quintenz served as a CFTC Commissioner between 2017 and 2021 as a part of the Expertise Advisory Committee
  • CFTC Commissioner Caroline Pham has been filling in as appearing chair

US President Donald Trump is reportedly contemplating Brian Quintenz – a former CFTC commissioner – to guide the company.

Quintenz, who served as a Republican commissioner on the Commodity Futures Buying and selling Fee throughout Trump’s first time period within the White Home, is presently the pinnacle of coverage at Andreessen Horowitz’s a16z crypto arm, in keeping with a doc reviewed by Bloomberg.

If Quintenz is confirmed to guide the company, it’s anticipated that he’ll push for pro-crypto adjustments. These may assist set up the CFTC as the popular regulator over the Securities and Trade Fee (SEC).

In January, Trump named CFTC Commissioner Caroline Pham as appearing chair. Pham, who has championed a digital belongings regulatory framework, promoted the digital belongings “regulatory sandbox” within the US in 2023 setting the bottom for the emergence of recent applied sciences and a pilot program for digital belongings.

In an announcement, Pham mentioned: “I congratulate my friend Brian Quintenz on his selection for CFTC Chairman. I worked with Brian on important initiatives that he led to success when he was a CFTC Commissioner. He will do the same for crypto and innovation. I look forward to supporting Brian and his leadership at the CFTC.”

In December, it was reported that Quintenz was within the operating to guide the company following the departure of Rostin Behnam, former chair of the CFTC.

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