White House considers more CFTC chair candidates as nomination process faces obstacles

ChainCatcher news, according to Golden Ten Data, due to the confirmation process for Brian Quintenz to become chairman of the US Commodity Futures Trading Commission (CFTC) being stalled, the White House is considering other candidates. Sources familiar with the matter indicated that possible contenders include government officials focused on cryptocurrency policy. The CFTC oversees trillions of dollars in swap transactions, and with legislation currently under review by Congress, the agency may gain greater influence in the digital asset sector.