Trump's Second Term Locks In Crypto Oversight Leaders at CFTC and FDIC

As President Donald Trump's second term enters its first year, the Senate has confirmed Mike Selig to lead the CFTC and Travis Hill to head the FDIC, filling long-standing vacancies at two pivotal financial watchdogs. The 53–43 confirmation vote is expected to speed up work on U.S. crypto regulation, including pending legislation that could expand federal authority over digital asset markets. The appointments also cement a more permissive stance on crypto banking at the FDIC while positioning the CFTC to shape rules for spot trading and stablecoins.