Trump's nominee Michael Selig was approved by the Senate committee, and the CFTC chairperson's appointment went to a full-house vote
2025-11-20 22:25:39
The U.S. Senate Agriculture Committee voted 12-11 to approve Trump's nominee to chair the CFTC, Michael Selig. During the hearing, lawmakers focused on whether the CFTC needs more budget in crypto regulation, as well as institutional independence and partisan balance. Selig said he would review funding needs after taking office and stressed the need for a clear regulatory framework that protects investors and supports crypto innovation.
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