Crypto industry groups weigh in on CFTC’s future after key withdrawal
It’s unclear when US President Donald Trump could announce another pick to chair the CFTC amid a government shutdown with no end in sight.
Update (Oct. 1 at 8:35 pm UTC): This article has been updated to include a statement from Summer Mersinger.
The future leadership of the US Commodity Futures Trading Commission (CFTC), already having faced four commissioner departures in 2025, hangs in the balance after the White House withdrew Brian Quintenz’s nomination.
On Tuesday, Quintenz, a former commissioner and head of policy at Andreessen Horowitz’s crypto division, confirmed that the White House had withdrawn his nomination as CFTC chair more than seven months after it was officially announced. The withdrawal came following reports suggesting that Gemini co-founders Cameron and Tyler Winklevoss, both donors and supporters of US President Donald Trump, had been pressing the White House to reconsider Quintenz.