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Policy
US CFTC Chairman Selig Highlights AI's Role in Offset Staffing Cuts Amid Expanding Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its growing oversight responsibilities, according to Chairman Mike Selig's congressional testimony. Despite a significant decline in the agency's workforce under the Trump administration, Selig emphasized the importance of AI in surveilling and bringing investigations. The CFTC is facing new …
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to navigate significant new responsibilities, including the oversight of cryptocurrency and prediction markets, according to testimony from Chairman Mike Selig. Despite a substantial decline in the agency's workforce under the Trump administration, Selig emphasized the importance of AI in facilitating…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Relies on AI to Offset 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 responsibilities, according to testimony from Chairman Mike Selig, 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 demands for federal workforce reducti…
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 embracing artificial intelligence and automation to cope with substantial new regulatory responsibilities, according to Chairman Mike Selig's congressional testimony, despite a significant decline in the agency's workforce under President Donald Trump's administration. Approximately a quarter of the CFTC's staff has departed since 2025, due to Trump'…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amidst Crypto Regulatory Challenges
The US Commodity Futures Trading Commission is leveraging artificial intelligence to offset the impact of significant staffing reductions, according to Chairman Mike Selig's testimony before the House Agriculture Committee. Despite a decline of roughly 25% in the agency's workforce since 2025, largely due to President Donald Trump's directives to downsize the federal workforce, the CFTC is tasked…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Reveals AI's Role in Mitigating Staffing Cuts Amid Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to meet its expanding regulatory responsibilities, according to Chairman Mike Selig's testimony before Congress. Despite a substantial decline in the agency's workforce under the Trump administration, the CFTC is tasked with overseeing the rapidly growing cryptocurrency and prediction markets. Selig e…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Cuts Amid Growing Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its expanding regulatory responsibilities, according to Chairman Mike Selig's congressional testimony. Despite a significant decline in the agency's workforce under President Donald Trump's administration, with about a quarter of staff leaving since 2025, the CFTC is leveraging tools like AI …
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 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 President Donald Trump's administration. Approximately a quarter of the CFTC's staff has departed since 2025, due to Trump's deman…
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 utilizing artificial intelligence and automation to tackle its expanding 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, the CFTC is expected to regulate the rapidly growing cryptocurrency and prediction …
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Emphasizes AI's Role in Offset Staffing Cuts Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence to enhance its regulatory capabilities, particularly in the realms of cryptocurrency and prediction markets, according to Chairman Mike Selig's congressional testimony. Despite a significant reduction in staff under the Trump administration, with approximately a quarter of the workforce leaving since 2025, the CFTC …
April 16, 2026, 4:50 p.m.