{"id":50655,"date":"2025-10-02T05:31:32","date_gmt":"2025-10-02T05:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50655"},"modified":"2025-10-02T05:31:32","modified_gmt":"2025-10-02T05:31:32","slug":"white-house-pulls-pro-crypto-quintenzs-nomination-to-lead-cftc-following-major-opposition-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50655","title":{"rendered":"White House Pulls Pro-Crypto Quintenz\u2019s Nomination To Lead CFTC Following Major Opposition \u2013 Report"},"content":{"rendered":"
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Recent reports revealed that the White House has withdrawn Brian Quintenz\u2019s nomination to lead the Commodity Futures Trading Commission (CFTC) after the pro-crypto candidate\u2019s confirmation process was stalled in July.<\/p>\n

Quintenz\u2019s CFTC Chair Nomination Withdrawn<\/h2>\n

On Tuesday, Politico reported<\/a> that the White House had pulled Brian Quintez\u2019s nomination for CFTC chairman following opposition from major crypto industry players, according to two anonymous sources who spoke with the news media outlet.<\/p>\n

According to the report, a White House official confirmed that Quintenz\u2019s nomination was withdrawn, affirming that \u201cBrian Quintenz remains a trusted ally and the Trump administration looks forward to working with him in other capacities.\u201d<\/p>\n

\u201cPresident 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,\u201d the official added.<\/p>\n

Notably, President Trump\u2019s CFTC chair pick had been in confirmation limbo since July, after the US Senate Agriculture Committee delayed a crucial vote to advance the process days before the August recess. At the time, reports claimed that the committee stalled Quintenz\u2019s confirmation process following a request from the White House.<\/p>\n

The delay reportedly followed opposition from Tyler and Cameron Winklevoss, Gemini co-founders, who allegedly pressed President Trump to reconsider his CFTC chair pick, arguing that he wouldn\u2019t \u201cshake up\u201d the Commission enough and was not aligned with Trump\u2019s crypto agenda.<\/p>\n

Last month, Quintenz seemingly confirmed<\/a> the reports, suggesting that the Winklevoss twins might have \u201cmisled\u201d the US President after a text exchange between the three. As reported by Bitcoinist, the crypto exchange founders inquired about the then-CFTC nominee\u2019s opinion on a complaint letter, but were ultimately disappointed and surprised by his response.<\/p>\n

In a message to Politico, Quintenz stated, \u201cBeing nominated to chair the CFTC and going through the confirmation process was the honor of my life.\u201d \u201cI am grateful to the President for that opportunity and to the Senate Agriculture Committee for its consideration,\u201d he affirmed, adding that he looks forward to returning to the private sector.<\/p>\n

CFTC\u2019s Pro-Crypto Leadership To Be Determined<\/h2>\n

Despite Quintenz\u2019s widespread support from both the crypto and traditional financial industries, his nomination was not only opposed by the Winklevoss twins. The traditional gaming industry has also opposed the former CFTC chair candidate due to his ties to the up-and-coming prediction market firm Kalshi, the report noted.<\/p>\n

Additionally, Democratic House of Representatives member Dina Titus reacted to the news on X, writing, \u201cGood. The CFTC deserves strong, independent leadership that will follow and enforce agency regulations.\u201d<\/p>\n

The White House official said a new candidate would be announced \u201cin the near future.\u201d Two weeks ago, Bloomberg reported<\/a> that the Trump administration was weighing additional nominees to chair the CFTC amid the delay in Quintenz\u2019s confirmation process.<\/p>\n

Among the contenders, the White House was reportedly considering Michael Selig, chief counsel to the Securities and Exchange Commission\u2019s (SEC) Crypto Task Force, and Tyler Williams, counselor to Treasury Secretary\u00a0Scott Bessent\u00a0on digital asset policy.<\/p>\n

Politico sources claimed that Josh Sterling, a former CFTC official who is now a partner at Milbank, and former CFTC Commissioner Jill Sommers, are also being considered to lead the regulatory agency.<\/p>\n

It\u2019s worth noting that the highly anticipated market structure is expected to shift most of the crypto market supervision to the CFTC, exponentially increasing the regulator\u2019s responsibilities.<\/p>\n

Currently, the agency, which is intended to be a five-person, bipartisan commission, is down to only acting Chairwoman\u00a0Caroline Pham, who is expected to depart from the agency once a permanent leader is selected.<\/p>\n

Multiple industry players have emphasized<\/a> that installing a permanent Chairman is \u201cabsolutely critical\u201d to realizing the Commission\u2019s goals and to ensure a \u201cgolden age of crypto innovation.\u201d<\/p>\n

\"crypto,<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Recent reports revealed that the White House has withdrawn Brian Quintenz\u2019s nomination to lead the Commodity Futures Trading Commission (CFTC) after the pro-crypto candidate\u2019s confirmation process was stalled in July. Quintenz\u2019s CFTC Chair Nomination Withdrawn On Tuesday, Politico reported that the White House had pulled Brian Quintez\u2019s nomination for CFTC chairman following opposition from major […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50655","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50655"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50655\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}