White House seeks' quick confirmation 'of Brian Quintenz as CFTC Chairman

According to Bloomberg, after the delay in confirming Brian Quintenz as the chairman of the U.S. Commodity Futures Trading Commission (CFTC) sparked speculation about his candidacy, the White House immediately reiterated its support for Trump's nomination. Since the Senate Agriculture Committee suddenly canceled its nomination vote for Kuntenz on Monday, this matter has attracted much attention. The majority of members of the committee must first approve their nomination before the entire Senate can approve it. At the time, the committee spokesperson stated that it was the White House's request to postpone the vote. According to informed sources, cryptocurrency billionaire Tyler Winklevoss had urged the White House to halt or postpone the confirmation process before the vote was postponed. But the White House made it clear on Wednesday that Quintenz remains the top choice for the position in this administration, with spokesperson Liz Huston stating that he will help build the cryptocurrency capital of the United States and looking forward to his quick confirmation. After serving as a CFTC commissioner from 2017 to 2021, he has been a senior executive in the cryptocurrency division of venture capital fund a16z, and has also served as a board member of predictive market platform Kalshi. Quintenz stated that if confirmed, he will resign from both companies.