Trump Nominates Pro-Crypto SEC Official Michael Selig as CFTC Chairman
President Donald Trump has nominated Michael Selig, currently serving as chief counsel to the SEC's crypto task force, to lead the Commodity Futures Trading Commission. The move signals continued regulatory momentum for digital assets under the Trump administration.
Selig brings DEEP industry expertise from his prior role as a crypto-focused partner at Willkie Farr and Gallagher LLP. His nomination follows the withdrawal of Brian Quintenz, a former CFTC commissioner, after objections from Gemini co-founder Tyler Winklevoss.
The CFTC chairmanship comes at a critical juncture for cryptocurrency regulation. Selig's background suggests a balanced approach—his SEC experience provides securities law perspective while his private practice work demonstrates understanding of crypto market dynamics.
