President-elect Donald Trump's transition team is considering several candidates for the next chair of the Commodity Futures Trading Commission (CFTC), with two front-runners emerging. Summer Mersinger, a current CFTC Commissioner, and Brian Quintenz, a16z crypto policy chief and former CFTC commissioner, are reportedly the leading contenders for the position. Both candidates have experience and credentials in crypto policy and have advocated for a regulatory environment that encourages innovation in the sector. If selected, they could prioritize clarity and innovation in the US crypto industry. The CFTC oversees a significant amount of trading volume and has historically had a lighter regulatory touch compared to the US Securities and Exchange Commission. The Trump administration has signaled a departure from the current administration's approach and aims to foster the growth of the crypto industry. Other candidates on the shortlist include Caroline Pham, Neal Kumar, and Josh Sterling, all with strong regulatory backgrounds. The transition team is focused on finding a leader who aligns with its vision for the crypto industry.



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