Trump's nomination for CFTC chairman faces obstacles, White House delays Quintenz's appointment vote twice

ChainCatcher news, according to CoinDesk, the nomination process for Brian Quintenz, the candidate for chairman of the Commodity Futures Trading Commission (CFTC) nominated by President Trump, has been delayed again. The White House has requested the Senate Agriculture Committee to postpone the confirmation vote originally scheduled for this week, marking the second delay following last week.

As a key figure in the Trump administration's financial regulatory team, if Quintenz is appointed, he will lead the CFTC, which may become the primary regulatory body for cryptocurrencies in the United States. The White House has not provided an explanation for the delay, nor is it clear when the vote will be rescheduled.

This delay comes just as the House has passed the Digital Asset Market Clarification Act (CLARITY Act), which aims to grant the CFTC regulatory authority over spot trading of non-security digital assets. The legislative deadline set by Senate Banking Committee Chairman Tim Scott for September 30 is also facing uncertainty.