According to and The Block, Democratic Representative Dina Titus from Nevada sent a letter to CFTC Acting Chair Caroline Pham, requesting an investigation into CFTC Chair nominee Brian Quintenz. Some crypto industry professionals have expressed concerns about Brian Quintenz's nomination, with Dina Titus pointing out his board membership at Kalshi, a prediction market company. Although Brian Quintenz stated he would resign after confirmation, doubts remain. Additionally, experts using the Freedom of Information Act discovered that one of his partners may have requested non-public information from the CFTC about the approval process for one or more "designated contract markets" that would compete with Kalshi if approved.
Previously, reported that, according to Bloomberg, the White House reiterated its support for Brian Quintenz to become the Chair of the Commodity Futures Trading Commission (CFTC).
