Mike Selig Nominated as CFTC Chair Amid Crypto Regulatory Shifts
President TRUMP has nominated Mike Selig to serve as the 16th Chairman of the U.S. Commodity Futures Trading Commission (CFTC). Selig, a seasoned regulatory expert with deep ties to the CFTC, pledged to usher in a "Great Golden Age" for American financial markets, emphasizing innovation and opportunity.
Caroline D. Pham, a prominent figure in the regulatory space, endorsed Selig's nomination, highlighting his expertise in CFTC markets and his potential to drive forward the agency's crypto initiatives. "Mike is the right leader for this pivotal moment for innovation and market structure," Pham said, referencing the CFTC's crypto Sprint and SEC's Project Crypto as catalysts for a "new Golden Age of Crypto."