Jinse Finance reported that Mike Selig posted on X, saying, "I am honored to be nominated by President Trump to serve as the 16th Chairman of the U.S. Commodity Futures Trading Commission (CFTC). Under the President's leadership, the U.S. financial markets will usher in a great golden era and abundant new opportunities. I am committed to making every effort to promote the healthy operation of the commodity markets, foster freedom, competition, and innovation, and assist the President in making the United States the global center for cryptocurrency."