Trump CFTC Pick Has Crypto Chops From Agency, Willkie Stints (1)

Nov. 18, 2025, 9:16 PM UTCUpdated: Nov. 18, 2025, 10:25 PM UTC

Michael Selig, tapped by President Donald Trump to lead the Commodity Futures Trading Commission, is regarded by his colleagues as a tech-savvy lawyer prepared to tackle the agency’s expanding crypto mission, even with other vacancies lingering at the top and perennial funding challenges.

Selig, set for a Senate confirmation hearing Wednesday, is Trump’s second pick for the job. His first nominee, Brian Quintenz—the head of global policy for a16z crypto and a former CFTC commissioner—stalled in hearings and was ultimately pulled following a dust-up with crypto billionaire Tyler Winklevoss.

Selig can point to a strong track record of crypto-focused policy ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.