Overview

• A White House official confirmed the withdrawal late Tuesday and said Brian Quintenz remains a trusted ally, with a new nominee expected soon and potential roles for him elsewhere.
• Quintenz said the process was an honor and that he will return to private‑sector work during what he called an exciting period for innovation.
• The nomination faltered after the White House asked the Senate Agriculture Committee to delay votes and as Tyler and Cameron Winklevoss opposed the pick, a dispute Quintenz highlighted by posting their private messages.
• Ethics questions linked to Quintenz’s advisory work at prediction market Kalshi and objections from tribal and gaming groups added pressure during the lengthy review.
• The CFTC continues under Acting Chair Caroline Pham with a depleted commission, and reported contenders to replace Quintenz include Josh Sterling, Michael Selig, and Tyler Williams.