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Policy
CFTC's Selig Highlights AI's Role in Offset of Staffing Cuts Amid Growing Crypto and Prediction Market Oversight
The U.S. Commodity Futures Trading Commission is leveraging artificial intelligence and automation to tackle its expanding responsibilities, according to Chairman Mike Selig's testimony before Congress, 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, following President Trump's directives …
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 leveraging artificial intelligence and automation to tackle its growing responsibilities, including the oversight of cryptocurrency and prediction markets, according to Chairman Mike Selig's testimony before Congress. 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
CFTC Chairman Selig Highlights AI's Role in Offseting Staffing Cuts Amidst Growing Crypto and Prediction Market Oversight
The U.S. Commodity Futures Trading Commission is embracing artificial intelligence and automation to cope with significant new regulatory responsibilities, according to 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, due to demands for federal workforce …
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Reveals AI's Role in Mitigating Staffing Cuts Amid Rising 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 testimony by Chairman Mike Selig, despite a significant decline in the agency's workforce under the Trump administration. Since 2025, about a quarter of the CFTC's staff has departed, owing to President Trump's demands for a reduced fede…
April 16, 2026, 4:50 p.m.
Policy
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 embracing artificial intelligence and automation to tackle the significant new responsibilities it faces, according to Chairman Mike Selig's testimony to 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 …
April 16, 2026, 4:50 p.m.
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 leveraging artificial intelligence and automation to cope with significant new responsibilities, according to Chairman Mike Selig's testimony before Congress, despite a substantial decline in the agency's workforce under President Donald Trump's administration. With about a quarter of the CFTC's staff departing since 2025 due to federal workforce red…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Cuts Amid Expanded Crypto Oversight
The US Commodity Futures Trading Commission is turning to artificial intelligence and automation to cope with its increased regulatory responsibilities, 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 the CFTC's staff having left since 2025, the agency is facing new challenges in overs…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Reveals AI's Role in Compensating for Staffing Cuts Amid Rising Crypto and Prediction Market Responsibilities
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to address 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, the CFTC is leveraging tools like AI to surveil and investigate markets. Selig noted that about a quar…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Offseting Staff Shortages Amid Expanded Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence to bolster its regulatory efforts, particularly in the areas of cryptocurrency and prediction markets, according to Chairman Mike Selig's testimony before Congress. Despite a significant decline in the agency's workforce under the Trump administration, with about a quarter of staff leaving since 2025, Selig emphasize…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman 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 significant new oversight responsibilities, according to Chairman Mike Selig's congressional 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 deman…
April 16, 2026, 4:50 p.m.