Recently, the U.S. Senate confirmed new chairs for the FDIC and CFTC as part of a group of government nominations approved by Senate resolution. On January 13, Acting Chairman Travis Hill was sworn in as the 23rd chairman of the FDIC, after having served as acting chairman since January 20, 2025, and as vice chairman prior to that. Additionally, Michael S. Selig was sworn in as the CFTC’s 16th chairman on December 22, 2025. Selig, who previously served as chief counsel of the SEC’s Crypto Task Force, has emphasized the CFTC’s readiness to oversee emerging technologies, digital assets market structure legislation, and new developments in commodity markets.
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