The Trump administration confirmed an official of the White House on Tuesday evening, withdrawing its nominated person to lead the Commodity Futures Trading Commission (CFTC).
The Global Head of Policy in A16Z Crypto and former CFTC Commissioner Brian Quintens was tapped by President Trump in February to lead the agency, as it prepares to play a big role to regulate the Crypto industry.
Quintens initially appeared ready for an easy confirmation process. However, after his progress in the Senate Agricultural Committee, he accused the crypto billionaire Cameron and Tyler Vinklevos of disrupting his confirmation.
He shared a series of personal messages between his and Vinkalwos Twins earlier this month, suggesting that Trump may be “misguided.”
“I believe Written on social platform x“It is my understanding that after this exchange, he contacted the President and asked that my confirmation stops for other reasons besides being reflected in these texts.”
On the exchange, Tyler Vinklevoss asked the Quintage on a complaint for his views that his crypto exchange was filed by Mithun with the Inspector General of CFTC. Quintage committed to “fair and appropriate review of the case”.
However, he also warned Vinklevos to give “careful ideas”, if anyone in CFTC is “communicating with you in an attempt to reduce or paint my potential idea of these things.”
Vinklevos did not humble to the quintage’s response and questioned the CFTC named how he planned to align with Trump’s agenda.
The White House is allegedly marching other candidates. Former senior CFTC officer Josh Sterling is considering for a job, Semaphore,
Bloomberg told Michael Celling, Chief Counsel for Crypto Task Force of Securities and Exchange Commission, and Tyller Williams, Counselor of Treasury Secretary Scott Besant on Digital Asset Policy.
