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Feb 17, 2025 upd. 18 Feb
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Trump Nominates Brian Quintenz for CFTC and Jonathan Gould for OCC

1 min

President Trump has nominated Brian Quintenz for the position of CFTC chair and Jonathan Gould as comptroller of the currency. Neither hearing is scheduled yet.

Key points:

  • Quintenz previously served as a CFTC commissioner and was most recently at a16z crypto.
  • He expressed commitment to advancing blockchain technology and innovation in his response to the nomination.
  • Gould's background includes serving as chief legal officer for Bitfury and working at Jones Day, a law firm associated with Trump’s campaign.
  • The nominations are significant for the crypto industry, aiming to improve regulatory oversight and collaboration between the SEC and CFTC.
  • The OCC oversees US banks, which have been criticized by crypto companies for inadequate support.
  • Industry advocates are pushing for increased CFTC authority over crypto regulation, with potential legislative advancements expected this year.