Overview
- Officials are discussing alternatives including Michael Selig of the SEC’s crypto task force and Treasury counselor Tyler Williams, according to Bloomberg reporting cited by multiple outlets.
- The Senate Agriculture Committee says the White House’s July request to delay a vote remains in place, and Chair John Boozman called the ongoing holdup unusual.
- Brian Quintenz posted screenshots alleging Tyler Winklevoss sought assurances on Gemini’s dispute with the CFTC and later pushed to slow the nomination; the twins have not publicly responded.
- The CFTC is operating under Acting Chair Caroline Pham with four of five commissioner seats vacant, raising operational concerns, NOTUS reported.
- The White House has not formally withdrawn Quintenz, but the evaluation of new candidates comes as Congress considers measures that could expand the CFTC’s role in overseeing crypto markets.