Trump to Pick Michael Selig for CFTC Chair Amid Crypto Expansion

President Donald Trump has picked Michael Selig to chair the Commodity Futures Trading Commission, according to an administration official, who asked not to be identified discussing personnel matters.

Selig is chief counsel for the Securities and Exchange Commission’s crypto task force and has been working as an aide to SEC Chairman Paul Atkins. In that role, he’s been working to align the approaches of the SEC and CFTC to broad swathes of finance and the crypto industry. Earlier in his career, Selig was a partner at Willkie Farr & Gallagher’s asset management practice.

Selig didn’t immediately ...