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The US Senate approved Trump's nominees for heads of the CFTC and FDIC.

2025-12-19 03:49

Odaily Planet Daily reports that the US Senate has approved President Trump's nominee Mike Selig to head the Commodity Futures Trading Commission (CFTC), while Travis Hill will lead the Federal Deposit Insurance Corporation (FDIC). Selig will succeed Acting Chair Caroline Pham, playing a key role in cryptocurrency regulation. Previously, in the absence of the permanent chair, Acting Chair Pham had been pushing an aggressive cryptocurrency policy agenda. (Coindesk)