Odaily Planet Daily reports that crypto journalist Eleanor Terrett has revealed that the confirmation process for Brian Quintenz, the nominee for chairman of the U.S. Commodity Futures Trading Commission (CFTC), has encountered resistance. Internal emails obtained under the Freedom of Information Act reveal that Quintenz may have had access to confidential CFTC information while serving on the board of directors of the prediction market platform Kalshi, raising ethical concerns.

The White House has asked the Senate Agriculture Committee to postpone its scheduled vote on the nomination.