Trump Plans to Pick Quintenz as Derivatives Regulator Head

Yahoo

12-02-2025

(Bloomberg) -- President Donald Trump plans to pick Brian Quintenz, the head of policy at Andreessen Horowitz's a16z crypto arm, to lead the Commodity Futures Trading Commission, according to a document sent by the White House to Capitol Hill that was reviewed by Bloomberg News.
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Quintenz served as a Republican commissioner at the CFTC during the first Trump administration before joining the venture capital firm. The agency is the primary US watchdog for the roughly $400 trillion swaps market and other derivatives.
The nomination has been received in the US Senate and referred to committee, according to a congressional website.
Quintenz has been a vocal advocate for regulatory changes that would benefit digital-asset firms and other new technologies and financial products. If confirmed, he's expected to push for changes that could help the CFTC rise in prominence as the preferred regulator for crypto.
According to the same document, Jonathan Gould would be nominated as Comptroller of the Currency, and Jonathan McKernan would be tapped as director of the Consumer Financial Protection Bureau.
Gould has been a partner in Jones Day's financial markets practice in Washington since 2022 and briefly worked at Bitfury, a blockchain company. He previously served as a senior deputy comptroller and chief counsel at the Office of the Comptroller of the Currency.
McKernan announced earlier this week he would depart his role as a Republican director at the Federal Deposit Insurance Corp. in order to maintain the political balance of the agency's board.
The fate of the CFPB has grown increasingly uncertain in recent days as acting Director Russell Vought — who also leads the White House Office of Management and Budget — has ordered halts to much of the agency's work.
Trump picked junior Republican CFTC Commissioner Caroline Pham in January to serve as acting chair. Rodney Hood, formerly the head of the National Credit Union Administration, was selected recently as acting Comptroller of the Currency.
--With assistance from Jennifer A. Dlouhy and Stephanie Stoughton.
(Updates with details throughout)
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