Trump Administration Withdraws Brian Quintenz’s Nomination For CFTC Chair, Says President Prioritizes Making America ‘Crypto Capital’ Of The World

The Trump administration has pulled back the nomination of Brian Quintenz for the chair of the Commodity Futures Trading Commission, a White House official told Benzinga late Tuesday.

Quintenz’s Name Withdrawn

Nearly eight months after President Donald Trump picked Quintenz to lead the derivatives markets regulator, the White House withdrew his nomination.

“Brian Quintenz remains a trusted ally and the Trump Administration looks forward to working with him in other capacities,” the White House Official said. “President Trump has made it a priority to make America the crypto capital of the world, and in doing so has called for the revitalization of the Commodity Futures Trading Commission to play a larger role in securing this promise.”

Trump is expected to announce a new nominee …

Full story available on Benzinga.com