As per the reports, the White House has withdrawn the nomination of Brian Quintenz to serve as chair and commissioner of the Commodity Futures Trading Commission. He is from Ohio and is a former CFTC chairman during the first Trump Presidency.
Trump’s reported withdrawal of Brian’s nomination is directly or indirectly linked with Quintenz’s dispute with the Winklevoss twins. It is also claimed that the twins asked Brian to intervene in the CFTC 2022 lawsuit against Gemini.
But he reportedly refused to get involved and has also threatened to expose this conversation publicly, which led to his nomination being withdrawn.
Nevertheless, there is no official note on this, but it is widely reported that this tussle involves the Winklevoss twins, who are said to be favorites of Trump and have reportedly donated a huge amount during the elections.
In 2025, Quintenz was again renominated in February to fill a commissioner seat expiring in April 2029, replacing Christy Goldsmith Romero, and to lead the CFTC as the chair.
In the wider market, Quintenz is known for his pro-crypto stance, and at times, he has also worked as head of policy at a16z crypto. Yet there are arguments that the Trump supporters have criticized his appointment and even nomination.
A media outlet quoted Quintenz saying, β Being nominated to chair the CFTC and going through the confirmation process was the honor of my life.β
Further expressing thanks, he said, β I am grateful to the president for that opportunity and to the Senate Agriculture Committee for its consideration,β adding, β I look forward to returning to my private sector endeavors during this exciting time for innovation in our country.β
On the other hand, some of the reports claim that Tyler Williams is another option, with one more name in the speculations and claims.