Michael Selig is two-and-a-half months into leading the independent federal agency that regulates the U.S. derivatives markets, including futures, options, and swaps. 

Selig was sworn in as the latest chairman of the Commodity Futures Trading Commission on Dec. 22, 2025, a couple of months after being nominated by President Donald Trump and then confirmed by the Senate. Now at the helm of the 52-year-old agency, Selig’s policy agenda includes deciding how aggressively to regulate prediction markets and whether cryptocurrency should be treated as a legitimate financial instrument.