The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump. About a quarter of the CFTC’s staff has left since 2025, under […]
With an any-minute-now confirmation of Mike Selig to take over the U.S. Commodity Futures Trading Commission, its stand-in chief, Caroline Pham, is closer to her longstanding plan to jump to crypto firm MoonPay. As CoinDesk reported last month, Pham was said to be planning to take on the role of chief legal officer and chief […]
Caroline Pham, the acting chairman of the U.S. Commodity Futures and Trading Commission, has openly discussed an intention to leave the commission once she’s permanently replaced, people familiar with her plans have said, leaving significant questions about the future track of agency policy. If President Donald Trump’s nominee for the chairmanship, former Commissioner Brian Quintenz, […]