Hold onto your digital hats, folks! 🎩
The plot thickens in the world of crypto as US President Donald Trump reportedly has his sights set on Brian Quintenz, head of policy for the crypto subsidiary of venture capital firm Andreessen Horowitz (a16z), to be the next Commodity Futures Trading Commission (CFTC) chair! 💥
Bloomberg broke the news on Feb 12, revealing Trump’s intention to pick Quintenz as the next CFTC big cheese in a document sent to the White House to Capitol Hill. 📜
If Quintenz gets the CFTC gig, industry insiders predict he’ll champion pro-crypto policy moves and make the CFTC the go-to regulator for the crypto industry over the Securities and Exchange Commission. 🌟
The same document also reveals Trump’s picks for other key financial positions:
- Jonathan Gould, a partner at global law firm Jones Day, as the Comptroller of Currency, in charge of regulating all US national banks 🏦
- Jonathan McKernan, who resigned from the Federal Deposit Insurance Corp on Feb 11, as the new permanent head of the Consumer Financial Protection Bureau 👨💼
Quintenz’s CFTC Credentials 📜
Quintenz served as a Republican commissioner of the CFTC during Trump’s first term from 2016 to 2
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2025-02-12 09:13