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The White House is considering the appointment of Jill Sommers and Kyle Hauptman as candidates for CFTC chairman.
According to news from Hash World, the White House is considering appointing former CFTC Commissioner Jill Sommers and National Credit Union Administration Chairman Kyle Hauptman as candidates for the CFTC Chair position. Sommers worked for 10 years at the consulting firm of SEC Chairman Paul Atkins, and it is reported that the two are friends. Hauptman is the 13th chairman of the National Credit Union Administration and previously served as a senior vice president at investment bank Jefferies, responsible for U.S. Treasury and futures trading. It is said that both support cryptocurrency.
Previously, reports indicated that the U.S. government has resumed the candidate review process, including reviewing SEC's Mike Selig and Treasury's Tyler Williams, as Brian Quintenz's appointment confirmation remains stalled. This week, it was also mentioned that attorney firm Mi's Josh Sterling is among the candidates.
#CFTC Cryptocurrency #Regulation Blockchain #WhiteHouse