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Former Bakkt CEO And New US Senator Loeffler Set To Oversee CFTC

Ramsey Baker

Summary: Kelly Loeffler, the former Bakkt CEO and Georgia's new Senator, will assist in overseeing the Commodity Futures Trading Commission (CFTC). The crypto-friendly businesswoman who was sworn into the United States Senate on Jan. 6, joined the Senate Agriculture Committee, which oversees the CFTC. This appointment to the agriculture committee could possibly set up a conflict ...

Kelly Loeffler, the former Bakkt CEO and Georgia's new Senator, will assist in overseeing the Commodity Futures Trading Commission (CFTC).

The crypto-friendly businesswoman who was sworn into the United States Senate on Jan. 6, joined the Senate Agriculture Committee, which oversees the CFTC. This appointment to the agriculture committee could possibly set up a conflict of interest as the new Senator’s husband is Jeffrey Sprecher, founder and CEO of Intercontinental Exchange (ICE), which happens to be one of the biggest U.S. exchange operators regulated by the CFTC.

By Ramsey Baker

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