Michael Selig, selected to lead the Commodity Futures Trading Commission (CFTC) by President Trump, is expected to go through the hearing process at a meeting of the Senate Agriculture Committee this Wednesday.
President Trump selected Selig following the decision to withdraw Brian Quintenz’s nomination to become Chair of the CFTC. Quintenz had engaged in a public dispute with a crypto founder, which may have undermined his nomination. Selig was tipped to become the Chair soon after.
Michael Selig is nominated to be Chairman of the @CFTC. His knowledge and understanding of the agency’s mission positions him well in a new leadership role promoting American innovation, particularly as Congress crafts legislation to expand the commission’s authority.
Chairman… pic.twitter.com/gY5Hm45if3
— Senate Ag Committee Republicans (@SenateAgGOP) November 17, 2025
Selig, originally from Florida, graduated from Florida State University and received his JD from Georgetown University. He has been Chief Counsel for the SEC’s Crypto Task Force, so he is well-versed in the nuances of digital assets, including digital securities and commodities.
If approved, Selig will step into the leadership role at a transformational moment for the Commission. Unlike the prior administration, the Trump Administration recognizes the vital importance of supporting digital asset innovation, which will impact markets for many decades to come.