
律动BlockBeats|Oct 03, 2025 01:16
**[Former CFTC Chairman: White House Weighing Multiple Candidates for CFTC Positions]**
BlockBeats News, October 3, according to CoinDesk, although the acting chair of the U.S. Commodity Futures Trading Commission (CFTC), Caroline Pham, is actively advancing pro-crypto policies (despite her intention to step down), the White House is accelerating its search for a permanent chair after abandoning former President Trump’s initial nominee.
Brian Quintenz, a former commissioner nominated by Trump, was recently replaced. Former CFTC Chairman Chris Giancarlo revealed that the administration has since been "working intensively" on new nominations and confirmed that he visited the White House on Wednesday for discussions. "The White House initially thought the situation was under control, but plans have changed," Giancarlo said in an exclusive interview. "I am optimistic that an outstanding nomination that will impress everyone will emerge soon."
The veteran advocate, known in the industry as the "Crypto Dad," pointed out that the White House is selecting candidates for multiple commissioner positions at the CFTC. Without a fully staffed commission, the successor would face significant challenges—by law, the commission should have five members, and policies decided under a single-member structure are more vulnerable to legal challenges. "They are fully aware of this and know they must act," he said.
According to informed sources, the leading contender for the chair position is Mike Selig, a senior crypto policy official at the U.S. Securities and Exchange Commission (SEC). All nominees must be confirmed by the Senate before taking office—Quintenz’s confirmation process was previously stalled due to public opposition from Gemini CEO Tyler Winklevoss.
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