White House removes the name of pro-crypto Brian Quintenz from the CFTC chair nomination
The White House has withdrawn from former Futures Futures trade commissioner Brian Quintenz to run the agency on Tuesday, eliminating a monthly against the choice of president Donald Trump for the agency chairman.
Trump tapped Quintenz shortly after the office. Quintenz joined Anneowitz’s global policy leader, and has been a counselor to companies such as market prophecy Blashi since leaving the CFTC following his term as commissioner.
In a statement to CoinDesk, Quintenz said, “The appointed CFTC leader and undergo the confirmation process is the honor of my life. I am grateful to the president for that time and the Senate Agriculture Committee for these eager time for change in our country.”
Politico and Punchbowl news It was previously reported that the White House had removed Quintenz’s nomination.
Quintenz has made statements in favor of the crypto industry since his first term as commissioner, including the floating idea of a self -regulation organization for the industry similar to the Securities Markets’ Financial Industry Regulatory Authority (FINRA). Despite this, Crypto Exchange Co-Founders Tyler and Cameron Winklevoss-Kapwa support Trump-opposed his nomination in late July, with Tyler tells CoinDesk That he did not believe in Quintenz’s views on the developers and his work with Bushi qualifies him for the role.
However, Quintenz Messages released He exchanged Winklevoss Brothers earlier this month, suggesting that they were really opposed to his nomination because he could not promise a public outlook on a CFTC implementation action against Gemini. In his messages, Quintenz said it was better for a “fully confirmed chair” to review CFTC actions.
Crypto lobbyist organizations and companies Write a public letter Supporting his nomination to a last August bid to restore his nomination.
However, the White House asked the Senate Agriculture Committee to postpone a vote on Quintenz’s nomination several times in July. Last week, Semafor reported that it started the new candidates to run the agency, which is currently assisted by acting chairman Caroline Pham. All the other commissioners to the agency at the beginning of 2025 have since left, and Pham has indicated his desire to leave some point, CoinDesk reported.
The CFTC’s potential lack of a permanent seat comes from Congress considering the law that will give the agency a more prominent role in regulating crypto spot markets, even though the legislative process is likely to be delayed by a pending government closure.
Update (September 30, 2025, 23:48 UTC): Increasing further context, Quintenz is clearly involved in A16Z following his term as CFTC commissioner.
