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Trump Eyes New CFTC Chair After Winklevoss Twins Stall Quintenz Confirmation: Bloomberg
['Alex Murage', 'Updated']
InsideBitcoins.com
Join Our Telegram channel to stay up to date on breaking news coverageThe Trump administration is considering alternative Commodity Futures Trading Commission (CFTC) chair candidates after Tyler and Cameron Winklevoss lobbied against Brian Quintenz’s nomination.
Quintenz’s confirmation has stalled since February, leaving the agency with only one commissioner, Caroline Pham, serving as acting chair.
Winklevoss Twins Block Quintenz’s Path To CFTC ChairEarly this month, Quintenz publicly accused the Winklevoss twins of undermining his nomination and said they may have misled Trump in the process.
Quintenz said that text messages from Tyler “make it clear what they were after” from him.
CFTC May Have Bigger Role In Crypto OversightThe search for a new CFTC chair comes as lawmakers weigh giving the CFTC new power over the crypto market.
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