Mike Selig has been nominated by Trump as the chairman of the CFTC, promising to promote the United States as a global encryption hub.

[Mike Selig nominated by Trump as CFTC Chairman, pledges to make the U.S. a global Crypto Assets center] Mike Selig posted on the X platform, stating, “I am honored to be nominated by President Trump as the 16th Chairman of the Commodity Futures Trading Commission (CFTC). Under the President's leadership, the U.S. financial markets will enter a great golden age and new opportunities will emerge. I promise to spare no effort in promoting the healthy operation of the commodity markets, fostering freedom, competition, and innovation, and assisting the President in making the U.S. a global Crypto Assets center.”

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