Trump Nominee Mike Selig Set for CFTC Confirmation Hearing as Crypto Bill Advances

Mike Selig, US President Donald Trump’s nominee to go the Commodity Futures Buying and selling Fee, will face his Senate affirmation listening to on November 19, 2025, as Washington strikes nearer to reforming crypto oversight.

Selig, at present chief adviser to the SEC’s Crypto Process Pressure, was formally tapped final month after Trump withdrew his earlier choose, former CFTC Commissioner Brian Quintenz.

CoinDesk reported in early October that Selig had emerged as a frontrunner for the function.

If confirmed, Selig would take over from appearing chairwoman Caroline Pham as lawmakers resume their push to finalize the Crypto Market Construction Act, which may give the CFTC direct authority over spot buying and selling in crypto.

The trail ahead nonetheless requires the Senate Agriculture Committee to carry a listening to on its invoice, and the Senate Banking Committee to finalize and maintain a listening to by itself model of the invoice. Subsequent, the Senate must maintain a flooring vote on the joint effort, which, if profitable, would ship the invoice to the Home of Representatives for one more vote, steps that might push the method to early 2026.