The post Trump Pauses CFTC Nomination After Winklevoss Pushback appeared first on Coinpedia Fintech News
The race to appoint a new head of the Commodity Futures Trading Commission (CFTC) has taken a twist. Brian Quintenz, once seen as the frontrunner, has seen his nomination stall after pushback from the Winklevoss twins, who urged Donald Trump to pause the process following disputes between their Gemini exchange and federal regulators.
Winklevoss Twins Step In
Tyler Winklevoss openly criticized what he called years of unfair treatment under the Biden administration, describing it as “seven years of lawfare trophy hunting.” Shortly after his comments, the White House asked the Senate to halt the planned vote on Quintenz. The Wall Street Journal later noted that the Winklevoss twins were flexing their political influence, having donated millions to Trump’s campaign.
Quintenz, frustrated by the derailment, suggested that Trump “might have been misled” and even shar
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