
Michael Selig takes office pledging balanced digital asset oversight, stronger SEC-CFTC cooperation, and legislative progress despite resource and governance challenges.
Michael Selig was sworn in as the 16th CFTC Chairman on December 22, 2025, after nomination by President Trump and Senate confirmation. He plans to balance innovation and market regulation, advance digital asset market legislation, and strengthen SEC-CFTC coordination. Selig also faces resource and governance challenges as he seeks to create clear regulatory frameworks for the cryptocurrency sector.