Ex-CFTC Commissioner Mersinger Jumps Ship—Now Heads Crypto’s Loudest Lobbying Shop
In a move that’ll surprise exactly no one in DC’s regulatory circus, former CFTC commissioner Summer Mersinger just landed as CEO of the Digital Chamber of Commerce—crypto’s biggest lobbying arm. The revolving door spins faster than a DeFi arbitrage bot.
Mersinger—a vocal advocate for ’light-touch’ crypto regulation during her CFTC tenure—now gets to fight the very rules she helped draft. Perfect timing, too: With Congress eyeing stablecoin bills and the SEC’s enforcement blitz, the industry’s dumping serious cash into political influence. Nothing greases the wheels like a well-placed insider.
Wall Street veterans are chuckling into their bourbon. ’Regulators become lobbyists, film at 11,’ quipped one hedge fund manager. Meanwhile, crypto traders are betting this means softer oversight ahead—just don’t ask who’s funding the odds.