Trump Appoints Caroline Pham as Acting CFTC Chair Following Behnam's Resignation
Jan 20, 2025, 05:09 PM
On Inauguration Day, President Donald Trump appointed Caroline Pham as the Acting Chair of the Commodity Futures Trading Commission (CFTC), following the resignation of Rostin Behnam. Pham, a Republican commissioner known for her work in the digital asset space, was confirmed by her commissioner colleagues through a customary vote. She has spearheaded the Digital Asset Markets subcommittee and advocated for regulatory clarity and innovation, including a sandbox for new technologies like crypto. Industry leaders have expressed support for Pham, highlighting her experience and commitment to advancing the integrity of financial markets. Her appointment signals potential shifts in digital asset regulations under the Trump administration.
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