Quick Take
  • According to a September 24 report from Semafor, the White House is looking at former CFTC official Josh Sterling as the agency’s potential chair nominee.
  • Treasury Counselor to the Secretary, Tyler Williams.
  • News of the White House’s potential new CFTC pick comes just weeks after Quintenz took to social media to say that Gemini co-founder Tyler Winklevoss asked U.S.
  • President Donald Trump to have Quintenz’s nomination “paused.”

What Happened

In a message exchange with Winklevoss shared by Quintenz, the longtime crypto donor discussed concerns over the CFTC’s June 2025 complaint against Gemini regarding investigative misconduct.

Market Context

The White House is considering new candidates to lead the Commodity Futures Trading Commission (CFTC) amid delays in Brian Quintenz’s confirmation process, reports this week allege.

Why It Matters

However, with a growing number of reports hitting the press, Quintenz may not assume the position of CFTC chair under Trump after all.

Details

White House Considering New CFTC Chair Picks

According to a September 24 report from Semafor, the White House is looking at former CFTC official Josh Sterling as the agency’s potential chair nominee.

Meanwhile, Crypto in America reporter Eleanor Terrett reports that the agency is weighing National Credit Union Administration (NCUA) Kyle Hauptman and former CFTC commissioner Jill Sommers as possible CFTC chair picks.

Just last week, Bloomberg reported that the Trump administration was also vetting the United States Securities and Exchange Commission (SEC) Crypto Task Force Chief Counsel and Senior Adviser to the Chairman, Mike Selig, and the U.S. Treasury Counselor to the Secretary, Tyler Williams.

Brian Quintenz Worries Trump Was Misled Amid Delayed Confirmation

News of the White House’s potential new CFTC pick comes just weeks after Quintenz took to social media to say that Gemini co-founder Tyler Winklevoss asked U.S. President Donald Trump to have Quintenz’s nomination “paused.”

“I believe these texts make it clear what they were after from me, and what I refused to promise,” Quintenz said. “It’s my understanding that after this exchange, they contacted the President and asked that my confirmation be paused for reasons other than what is reflected in these texts.”

The duo eventually agreed to chat at a later date, though it’s unclear whether that conversation ever happened.

“I believe transparency and integrity are paramount,” he added. “Protecting the President and his agenda are more important than any job.”

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