Trump finds CFTC nominee replacement in SEC crypto regulator Mike Selig

Published October 25, 2025 2:25pm ET



President Donald Trump has chosen a replacement to head the Commodity Futures Trading Commission after the White House pulled his previous nominee, who faced opposition from Republican-aligned cryptocurrency investors.

Mike Selig, chief counsel of the Securities and Exchange Commission’s Crypto Task Force, was tapped as the new CFTC nominee, White House AI and crypto czar David Sacks announced early Saturday.

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