The White House is considering appointing Jill Sommers or Kyle Hauptman as the new CFTC Chair.

BlockBeats News, September 25th, according to crypto reporter Eleanor Terrett, sources revealed that the White House is considering appointing former CFTC Commissioner Jill Sommers and National Credit Union Administration (NCUA) Chairman Kyle Hauptman as CFTC Chair. It is said that both individuals are supportive of cryptocurrency.

Previously, due to Brian Quintenz's nomination confirmation being blocked, the White House has reopened the review of CFTC chair candidates. Other candidates include SEC's Mike Selig, Treasury's Tyler Williams, and Milbank lawyer Josh Sterling.