Trump CFTC Michael Selig crypto
The Commodity Futures Trading Commission headquarters in Washington, DC, US, on Friday, Dec. 23, 2022.
Ting Shen | Bloomberg | Getty Images
U.S. President Donald Trump has picked Michael Selig as the Commodity Futures Trading Commission’s chair, an administration official and Selig himself said on Saturday.
Selig is chief counsel for the CFTC’s crypto task force and has worked with Securities and Exchange Commission Chairman Paul Atkins.
Both Selig and David Sacks, the White House artificial intelligence and crypto czar, confirmed the selection in separate posts on X.
Sacks praised Selig as “deeply knowledgeable about financial markets and passionate about modernizing our regulatory approach in order to maintain America’s competitiveness in…
