Vote on Trump’s CFTC chair pick could come today, US senator says
NeutralCryptocurrency

- Senators are expected to vote on Michael Selig's nomination to lead the Commodity Futures Trading Commission (CFTC), which could result in the departure of acting Chair Caroline Pham. This vote is seen as a significant step in reshaping the leadership of the CFTC, an agency that plays a crucial role in regulating the derivatives markets, including cryptocurrency.
- The outcome of this nomination is critical as it may influence the regulatory landscape for digital assets in the U.S. Selig's leadership could bring new perspectives on oversight and innovation in the rapidly evolving crypto market.
- This development is part of a broader trend where the Trump administration is positioning individuals with strong ties to cryptocurrency within key financial regulatory roles, reflecting an ongoing debate about the balance between innovation and regulation in the financial sector.
— via World Pulse Now AI Editorial System







