Trump Nominee Mike Selig Set for CFTC Confirmation Hearing as Crypto Bill Advances

Trump’s CFTC prime volition look senators conscionable arsenic crypto authorities starts moving done Congress again.

Nov 12, 2025, 3:57 p.m.

U.S. President Donald Trump’s nominee to pb the Commodity Futures Trading Commission, Mike Selig, will look his Senate confirmation hearing connected Nov. 19, 2025, arsenic Washington edges person to reshaping crypto oversight.

Selig, currently main counsel of the SEC’s Crypto Task Force, was formally tapped past period aft Trump withdrew his earlier choice, erstwhile CFTC commissioner Brian Quintenz.

CoinDesk reported successful aboriginal October that Selig had go a frontrunner for the role.

If confirmed, Selig would instrumentality implicit from acting seat Caroline Pham arsenic lawmakers resume their propulsion to finalize crypto marketplace operation bill, which could assistance the CFTC nonstop authorization implicit spot trading successful crypto.

The way guardant inactive requires the Senate Agriculture Committee to clasp a markup proceeding for its measure arsenic good arsenic for the Senate Banking Committee to finalize and clasp a markup proceeding for its ain mentation of the bill. Then the Senate would request to clasp a level ballot connected the combined effort, which if palmy would nonstop the measure to the House of Representatives for different vote, steps that could propulsion the process into aboriginal 2026.

U.S. SEC Chief Atkins Says Clarity Coming connected Crypto Tied to Investment Contracts

In the realm of the alleged Howey Test to specify concern contracts nether SEC jurisdiction, Atkins says determination should beryllium a clearer way for crypto involvement.