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Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Expanded Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its growing responsibilities, including the regulation of cryptocurrencies and prediction markets, 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 staff leaving since 20…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Expanded Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to address its substantial new regulatory responsibilities, as outlined by Chairman Mike Selig in his congressional testimony. Despite a significant decline in the agency's workforce under the Trump administration, with approximately a quarter of staff leaving since 2025, the CFTC is leveraging tools l…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Relies on AI to Offset Staffing Cuts Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to tackle its growing 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's dema…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Cuts Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to address significant new oversight responsibilities, as stated by Chairman Mike Selig in congressional testimony. Despite a substantial decline in the agency's workforce under the Trump administration, with about a quarter of staff leaving since 2025, the CFTC is embracing AI tools to enhance its re…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Offsetting 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 duties, according to congressional testimony from Chairman Mike Selig, 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, following President Trump's directive to…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Cuts Amid Growing Crypto and Prediction Market Oversight
The U.S. Commodity Futures Trading Commission is embracing 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, with about a quarter of staff leaving since 2025, the CFTC is leveraging AI tools like Microsoft's Co…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Offseting Staffing Cuts Amid Growing Crypto and Prediction Market Responsibilities
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to cope with substantial new oversight responsibilities, as stated by Chairman Mike Selig in his congressional testimony. This move comes as the agency faces a significant decline in its workforce under the Trump administration. Approximately a quarter of the CFTC's staff has left since 2025, due to Pr…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Offset Staffing Cuts Amid Rising Crypto and Prediction Market Duties
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to cope with its expanded oversight responsibilities, 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 leaving since 2025 due to President Trump's demands for a reduced feder…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Expanded Crypto Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to tackle its growing 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 staff leaving since 2025, the CFTC is embracing AI tools like Microsoft's Copilot to enhan…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence to cope with significant staffing reductions, according to Chairman Mike Selig's congressional testimony. Despite a decline of approximately 25% in the CFTC's workforce since 2025, largely due to President Donald Trump's federal workforce reduction demands, the agency is leveraging AI and automation to fulfill its gr…
April 16, 2026, 4:50 p.m.