Sources: The White House is considering more candidates for CFTC chair as the current nomination stalls

Foresight News: According to Bloomberg, sources revealed that due to a stalled confirmation process led by Brian Quintenz at the U.S. Commodity Futures Trading Commission (CFTC), the White House is considering additional candidates for the chair position. The CFTC is supposed to have five members with bipartisan balance, but following a series of resignations, only Acting Chair Caroline Pham, appointed by former President Biden, remains. In recent weeks, a new list of potential CFTC leaders has emerged, and related discussions are intensifying. These candidates may include government officials focused on cryptocurrency policy. Some sources say that Michael Selig, Chief Advisor to the SEC's Crypto Special Task Force and former partner in asset management at Willkie Farr & Gallagher, is among the candidates. Tyler Williams, Digital Asset Policy Advisor to Treasury Secretary Scott Bessent, is also considered a candidate; before joining the Treasury, he worked at Galaxy Digital.