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Trump's Nomination for CFTC Chairman Faces Delay, White House Postpones Quintenz Appointment Vote Twice
Summary: According to CoinDesk, the confirmation vote for Brian Quintenz, the nominee for the chairman of the Commodity Futures Trading Commission (CFTC) by US President Trump, has been delayed again. The White House has requested the Senate Agriculture Committee to postpone the scheduled confirmation vote this week for the second time. Quintenz, a key figure in ...
According to CoinDesk, the confirmation vote for Brian Quintenz, the nominee for the chairman of the Commodity Futures Trading Commission (CFTC) by US President Trump, has been delayed again. The White House has requested the Senate Agriculture Committee to postpone the scheduled confirmation vote this week for the second time. Quintenz, a key figure in Trump's financial regulatory team, would oversee the CFTC, which could become a major regulator for cryptocurrencies in the US. The White House has not provided an explanation for the delay, and it is uncertain when the vote will be rescheduled. This delay comes as the House just passed the "Clarity Law for Digital Asset Markets," which aims to grant the CFTC regulatory authority over non-securities digital asset spot trading. The September 30 legislative deadline set by Senate Banking Committee Chairman Tim Scott also faces uncertainty.
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Link: Trump's Nomination for CFTC Chairman Faces Delay, White House Postpones Quintenz Appointment Vote Twice [Copy]
