Trump Appoints SEC Official to Lead CFTC Amidst Crypto Regulation Expansion

President Donald Trump has nominated Michael Selig, the current chief counsel for the SEC’s Crypto Task Force, as the new Chair of the U.S. Commodity Futures Trading Commission (CFTC). This selection follows the withdrawal of Brian Quintenz earlier this month and reflects a commitment to strengthening regulatory coordination between financial agencies in light of the growing digital asset market.