Trump’s Pick to Run CFTC Touts Work in Crypto to Lawmakers (2)

Brian Quintenz, President Donald Trump’s pick to lead the US Commodity Futures Trading Commission, faced conflict-of-interest scrutiny from Democratic senators over his roles in the crypto industry and prediction markets — two prominent areas in this administration.

Congress is considering granting the agency more authority over digital asset regulation, a market Quintenz knows well as a lobbyist for the crypto arm of venture capital fund Andreessen Horowitz. He will resign if confirmed, he told lawmakers at his Senate confirmation hearing on Tuesday.

“Congress should create an appropriate market regulatory regime to ensure that this technology’s full promise can ...