On 20 November 2025, the nomination of Mike Selig as chair of the Commodity Futures Trading Commission passed the Senate Agriculture Committee.

For the last eight months Selig was chief counsel of the Crypto Task Force & senior advisor to Chairman Atkins at the SEC. He was also previously in private practice as a partner at law firm Willkie Farr and at the CFTC in 2014 and 2015, where he worked with Chris Giancarlo, former CFTC Chairman who has been dubbed “Crypto Dad.”

🚨NEW: @MikeSeligEsq’s nomination passed out of committee in a 12-11 vote. Now it has to pass the full Senate. No word yet on when that vote will be scheduled. https://t.co/5yP8sZUL5V

— Eleanor Terrett (@EleanorTerrett) November 20, 2025

Caroline Pham, acting chair of the CFTC, said:

Congrats to @CFTC chairman nominee @MikeSeligEsq on a successful hearing and vote before the Senate Agriculture Committee. Looking forward to confirmation by the full Senate. I know Mike will be an outstanding chairman that will serve all our ag and energy constituents. Great to… pic.twitter.com/pt8r93LKoa

— Caroline D. Pham (@CarolineDPham) November 20, 2025

Greg Xethalis, general counsel of Multicoin Capital Management, said:

Mike Selig’s confirmation hearing affirmed to the public that which was already known to people who have spent time with Mike. He’s a polyglot who understands both traditional and new economy markets. He will be great in the chair’s seat. https://t.co/WHnuBS0xRf

— Greg Xethalis (@xethalis) November 20, 2025

Kristin Smith, president of the Solana Policy Institute and former chief executive of the Blockchain Association, said: 

.@MikeSeligEsq brings deep expertise and a pro-innovation approach to digital asset policy. His confirmation to CFTC Chairman would provide clarity and leadership at a pivotal time for crypto.

I look forward to his swift confirmation in the weeks ahead. https://t.co/Ki7kd6CIX5

— Kristin Smith (@KristinSmith) November 19, 2025

Faryar Shirzad, chief policy officer at Coinbase, said:

Glad to see @SenateAg moving forward on @mikeseligesq’s nomination to lead the @CFTC. Selig is an exceptional nominee, and his experience, including in helping drive forward the @SECGov’s crypto task force, will be essential to the CFTC moving quickly and thoughtfully on…

— Faryar Shirzad 🛡️ (@faryarshirzad) November 20, 2025

The Crypto Council for Innovation urged the Senate to confirm Selig:

As today’s @SenateAg hearing reflected, @MikeSeligEsq is well qualified to serve as Chairman of the CFTC. His deep expertise across derivatives, market structure, and digital assets – as well as his record of principled collaborative public service – will allow him to guide the… pic.twitter.com/44chv5ee3m

— Crypto Council for Innovation (@crypto_council) November 19, 2025