Trump’s choice for CFTC highlights crypto experience

Brian Quintenz, chosen by President Donald Trump to lead the Commodity Futures Trading Commission (CFTC), is set to tell lawmakers he’s the right person for the job. In a Senate hearing on June 10, 2025, he plans to emphasize his deep knowledge of digital currencies and blockchain technology. This comes as Congress considers giving the CFTC more power to oversee cryptocurrencies.

Quintenz, who previously served as a CFTC commissioner and now works as a crypto lobbyist, says he understands both traditional markets and new technologies. He has experience with farmers and ranchers who use futures to manage price risks, but he’s also well-versed in the fast-growing world of digital assets. His background makes him a strong candidate to guide the agency as it navigates these emerging markets.

However, Quintenz’s ties to crypto raise some concerns. He disclosed owning $3.4 million in assets linked to crypto and market firms, which could create conflicts of interest. To address this, he has promised to sell off these holdings if confirmed as CFTC chair.

His nomination also comes at a time of change for the agency, with several key leaders stepping down, leaving the CFTC with a thin leadership team. Quintenz’s confirmation could reshape the CFTC’s approach to regulating digital currencies. Many in the crypto industry see him as a supporter who could push for policies that help the sector grow while ensuring markets remain fair and stable.