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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 and automation to tackle its expanding responsibilities in overseeing cryptocurrency and prediction markets, despite a significant decline in its workforce under the Trump administration. According to Chairman Mike Selig's congressional testimony, about a quarter of the CFTC's staff has left since 2025 due to federal…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Shortages Amid Expanding Regulatory Responsibilities
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to cope with substantial new oversight duties, according to Chairman Mike Selig's congressional testimony, despite a significant decline in the agency's workforce under the Trump administration. Since 2025, approximately a quarter of the CFTC's staff has departed, owing to President Trump's demands fo…
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 embracing artificial intelligence and automation to address significant new regulatory responsibilities, according to Chairman Mike Selig's congressional testimony. Despite a substantial decline in the agency's workforce under the Trump administration, the CFTC is leveraging tools like AI to enhance its surveillance and investigative capabilities. Wi…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Offseting 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 oversight duties, according to Chairman Mike Selig's congressional testimony. Despite a significant decline in the agency's workforce under the Trump administration, the CFTC is leveraging AI tools, such as Microsoft's Copilot, to enhance its surveillance and investigative capab…
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 manage its expanded oversight duties, 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, following Trump's directive to…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Shortages Amid Expanded Crypto Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to meet its growing regulatory 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 departing since 2025, the agency is turning to AI and automation…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Mike Selig Highlights AI's Role in Compensating for Staffing Cuts Amid Expanding Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to navigate its vastly expanded regulatory duties, particularly in the realms of cryptocurrency and prediction markets, as stated by Chairman Mike Selig in congressional testimony. Despite a substantial decline in the agency's workforce under the Trump administration, with approximately a quarter of s…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Compensating for 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 responsibilities, according to Chairman Mike Selig's testimony to Congress, 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 still expected to regulate the rapidly…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Expanding Regulatory Responsibilities
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its growing regulatory duties, as outlined in congressional testimony by Chairman Mike Selig. Despite a significant decline in the agency's workforce under the Trump administration, the CFTC is leveraging AI tools, such as Microsoft's Copilot, to enhance its surveillance and investigative cap…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Offsetting Staffing Cuts Amid Expanding Crypto and Prediction Markets Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its expanding responsibilities, including the oversight of cryptocurrency and prediction markets, according to testimony from Chairman Mike Selig. Despite a significant decline in the agency's workforce under the Trump administration, with about a quarter of staff leaving since 2025, Selig em…
April 16, 2026, 4:50 p.m.