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Policy
US CFTC Chairman Selig Highlights AI's Role in Offset of Staff Reductions Amid Increased Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission (CFTC) is leveraging artificial intelligence (AI) and automation to address the challenges posed by substantial new regulatory responsibilities, according to Chairman Mike Selig's congressional testimony. This development comes as the agency grapples with a significantly reduced workforce, having lost about a quarter of its staff since 2025 due to feder…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Cuts Amid Expanded Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its expanded oversight responsibilities, according to Chairman Mike Selig's congressional testimony, despite a significant decline in the agency's workforce under the Trump administration. With about a quarter of the CFTC's staff having left since 2025, the agency is facing new challenges in …
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Expanding Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to cope with significant new regulatory responsibilities, according to testimony by Chairman Mike Selig, despite a substantial decline in the agency's workforce under the Trump administration. With about a quarter of the CFTC's staff having departed since 2025, the agency is also tasked with overseein…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Growing Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to tackle its expanding oversight duties, according to Chairman Mike Selig's congressional testimony. This development comes as the agency faces a substantial decline in its workforce, with about a quarter of its staff departing since 2025, largely due to President Donald Trump's directive to reduce t…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Relies on AI to Offset Staffing Cuts Amid Growing Crypto and Prediction Market Responsibilities
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its expanding oversight duties, according to Chairman Mike Selig's congressional testimony, despite a significant decline in the agency's workforce under the Trump administration. Approximately a quarter of the CFTC's staff has departed since 2025, due to Trump's demands for a reduced federal…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Relies on AI to Offset Staffing Cuts Amid Expanded Crypto Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to tackle its expanded responsibilities, according to Chairman Mike Selig's congressional testimony, despite a significant decline in the agency's workforce under the Trump administration. Approximately a quarter of the CFTC's staff has departed since 2025, due to President Trump's demands for federal…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Relies on AI Amid Staffing Cuts to Oversee Crypto and Prediction Markets
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to tackle its expanding oversight responsibilities, according to Chairman Mike Selig's congressional testimony, despite a significant decline in the agency's workforce under the Trump administration. Approximately a quarter of the CFTC's staff has departed since 2025, due to Trump's demands for a redu…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Growing Crypto Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to address its expanding oversight duties, according to Chairman Mike Selig's testimony, despite a substantial decline in the agency's workforce under the Trump administration. Approximately a quarter of the CFTC's staff has departed since 2025, due to President Trump's demands for significant federal…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Offsetting Staffing Cuts Amid Growing Crypto and Prediction Markets Oversight
The U.S. Commodity Futures Trading Commission is embracing artificial intelligence and automation to address its increasing oversight responsibilities, as stated by Chairman Mike Selig in his congressional testimony. Despite a significant decline in the agency's workforce under President Donald Trump's administration, with about a quarter of the staff leaving since 2025, the CFTC is tasked with r…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chair Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Expanded Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to address substantial new regulatory responsibilities, according to Chairman Mike Selig's congressional testimony. Despite a significant decline in the agency's workforce under the Trump administration, the CFTC is tasked with overseeing rapidly growing cryptocurrency and prediction markets. Selig em…
April 16, 2026, 4:50 p.m.