Trump Nominee Mike Selig Set for CFTC Confirmation Hearing as Crypto Bill Advances
Trump's CFTC nominee, Mike Selig, faces a confirmation hearing as Congress advances crypto market structure legislation.Summary
Mike Selig, President Donald Trump's nominee to lead the Commodity Futures Trading Commission (CFTC), is scheduled for his Senate confirmation hearing on November 19, 2025. This timing coincides with renewed efforts in Congress to advance a crypto market structure bill that could grant the CFTC direct authority over spot crypto trading. Selig, currently chief counsel of the SEC’s Crypto Task Force, replaced the previously withdrawn nominee, Brian Quintenz. For the legislation to pass, it must navigate markup hearings in both the Senate Agriculture and Senate Banking Committees for their respective bills, followed by a Senate floor vote on the combined effort before heading to the House of Representatives, a process that might extend into early 2026.
(Source：CoinDesk)