PANews reported on September 19th that Bloomberg News reported that the White House is selecting additional candidates for the Commodity Futures Trading Commission (CFTC) chairmanship, with Brian Quintenz's confirmation process stalled as the head of the regulatory agency. Discussions have intensified recently, with potential candidates including government officials focused on cryptocurrency policy. The Trump administration has not announced that Quintenz is no longer in the running. Both Quintenz and the CFTC declined to comment, with White House officials citing the process as still in its early stages.
Separately, Michael Selig, Chief Counsel for the Securities and Exchange Commission's Cryptocurrency Task Force and a former asset management partner at Willkie Farr & Gallagher, is also a candidate. Tyler Williams, Treasury Secretary Scott Bessent's digital asset policy advisor, who previously worked at Galaxy Digital, is also considered a candidate. The CFTC is supposed to have a five-member, partisan-balanced committee, but a series of resignations have left only Acting Chairwoman Caroline Pham, appointed by former President Biden.

Rich Dad, Poor Dad author Robert Kiyosaki says he prefers accumulating gold, silver, oil, Bitcoin, and Ether, which he deems “hard money.” Rich Dad Poor Dad author Robert Kiyosaki, a strong proponent for Bitcoin, says it is “criminal” that kids are being taught from a young age to work for an inflationary currency while arguing the virtues of Bitcoin. “Go to school, get a job, work hard, save money, and invest in a 401(k) full of garbage,” Kiyosaki said during a podcast hosted by Bitcoin Collective Co-Founder Jordan Walker on Wednesday. Kiyosaki pulled no punches as he lambasted central banks, equating them to “criminal organizations” and even calling them “Marxists,” as he says that every time central banks print money, it makes the rich richer, while the other economic classes suffer.Read more

