Overview

• People familiar with the process told Bloomberg the White House is considering Michael Selig and Tyler Williams for the chair role, with some reports also citing Summer Mersinger and Marco Santori.
• President Trump’s nominee Brian Quintenz has not advanced to a Senate Agriculture Committee vote after the White House twice asked for delays this summer.
• Quintenz posted screenshots alleging Tyler Winklevoss sought assurances on Gemini’s dispute with the CFTC, then urged the White House to slow his confirmation.
• Gemini’s clash with the CFTC included a 2022 case that concluded with a $5 million settlement in January and a subsequent inspector‑general complaint by the exchange.
• The leadership choice carries outsized stakes as Congress weighs expanding the CFTC’s crypto authority and the agency pursues initiatives such as work on spot‑asset contracts.