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

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

  • Quintenz served as a CFTC Commissioner between 2017 and 2021 as a part of the Know-how Advisory Committee
  • CFTC Commissioner Caroline Pham has been filling in as performing 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 at the moment the top of coverage at Andreessen Horowitz’s a16z crypto arm, based on 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 might assist set up the CFTC as the popular regulator over the Securities and Alternate Fee (SEC).

In January, Trump named CFTC Commissioner Caroline Pham as performing 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 a press release, 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 working to guide the company following the departure of Rostin Behnam, former chair of the CFTC.

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