Source: The White House is set to nominate Mike Selig as the U.S. CFTC Chairman nominee

BlockBeats News, October 13th. According to Crypto In America, the White House is nearing a decision on the nominee to lead the U.S. Commodity Futures Trading Commission (CFTC) following Brian Quintenz. Two sources familiar with the process stated that Mike Selig, the SEC's Chief Advisor for Cryptocurrency, remains the top choice for the U.S. government.

Simultaneously, the White House has begun to review potential commissioner nominees to rebuild the five-person commission currently led solely by Acting Chair Caroline Pham.