Two Trump Appointees Confirmed to Take Over Core Crypto Regulators CFTC, FDIC
As President Donald Trump’s opening year wanes in his second administration, he’s finally landed permanent appointments to helm two of the most important U.S. crypto regulators — Mike Selig as chairman of the Commodity Futures Trading Commission and Travis Hill as chairman of the Federal Deposit Insurance Corp.
The CFTC is poised to become a leading regulator of U.S. crypto activity, especially if Congress completes the legislative work to give more specific crypto authority to the derivatives watchdog. The Senate approved Selig and Hill in a package of dozens of other nominees on Thursday with a 53-43 vote. Once sworn in, Selig will take over from Acting Chairman Caroline Pham, who has led a range of pro-crypto policy initiatives as…
