Brian Quintenz, sole commissioner of the Commodity Futures Trading Commission, and the Policy Head of Andreessen Horowitz, will be Donald Trump’s choice to manage the federal regulator of raw materials.
Quintenz previously served in the regulator between 2017 and 2021, where he organized the Technological Advisory Committee. During his warrant as a commissioner, he said that a specific self -regulation organization for cryptographic industry could help supervise businesses.
Since leaving the agency, he has joined A16z, where he became the head of politics. A16Z was one of Fairshake’s main donors, a crypto political action committee which paid nearly $ 140 million in the 2024 elections.
Punchbowl News first pointed out the appointment.
In a press release, the acting president of the CFTC, Caroline Pham, said: “I congratulate my friend Brian Quintenz for her selection for the president of the CFTC. I worked with Brian for important initiatives he led Success when he was CFTC commissioner.
Industry groups also argued after the dissemination of IT. Miller Whitehouse-Levine, CEO of the DEDUC Fund, a lobbying group, said that the organization was eager to work with him.
“Brian has a long period of supporting DEFI and defending solid policies that will allow developers and users to prosper in the United States,” he said in a statement.
In recent years, industry and congress have prompted the CFTC greater surveillance in industry.
The former president of the CFTC, Rostin Behnam, pleaded for the agency a main market regulator for at least parts of the industry, in particular by supervising the Bitcoin markets.
A bill, financial innovation and technology for the law of the 21st century, would have given the CFTC greater authority over cryptographic policy. The room adopted it last year, but it did not cross the Senate.
