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- Trump chooses Michael Selig for CFTC chair, Bloomberg News reports</p>
<p>ReutersOctober 25, 2025 at 3:51 AM</p>
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<p>Signage is seen outside of the US Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly</p>
<p>(Reuters) -U.S. President Donald Trump has picked Michael Selig as the Commodity Futures Trading Commission chair, Bloomberg News reported on Friday, citing an administration official.</p>
<p>Selig is chief counsel for the CFTC's crypto task force and has been working alongside Securities and Exchange Commission Chairman Paul Atkins, the report added.</p>
<p>The CFTC did not respond immediately to a Reuters request for comment.</p>
<p>The move comes as the digital assets industry, which had been facing regulatory pressures, takes center stage under the Trump administration with new legislations and laws.</p>
<p>(Reporting by Pritam Biswas in Bengaluru; Editing by Maju Samuel)</p>
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