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Trump’s CFTC chair pick won’t push president for bipartisan commission

cryptoweekly by cryptoweekly
June 11, 2025
in bitcoin, News
0

Senators questioned Brian Quintenz on prediction markets, his experiences dealing with debanking, and how he would potentially handle an entirely Republican-staffed CFTC.

Brian Quintenz declined to say whether he supports maintaining a bipartisan balance at the Commodity Futures Trading Commission during a Senate nomination hearing on Tuesday, avoiding a key question from lawmakers weighing his potential return as chair.

Quintenz, a former commissioner at the Commodity Futures Trading Commission (CFTC) and US President Donald Trump’s nominee to chair the agency, addressed several questions about his potential policy stance on crypto if confirmed as the new head of the agency.

Senators Tina Smith of Minnesota and Raphael Warnock of Georgia pressed him about whether he would make recommendations to Trump in support of having both Democratic and Republican commissioners at the CFTC. Quintenz avoided a direct answer, steering the conversation toward his experience.

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  • US Lawmaker sounds alarm on GENIUS bill, says it's a CBDC Trojan Horse
  • Macro drivers will dampen Bitcoin’s halving cycle — Tim Draper
  • Indian crypto exchange CoinDCX hacked, $44 million drained
  • Can XRP price reach $20? These charts say ‘full bull’ phase is still ahead
  • Crypto rules for mortgages must reflect self-custody reality
  • Russian government readies tougher rules for miners
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