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Policy
US CFTC Chairman Selig Reveals 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 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 approximately a quarter of the CFTC's staff having departed since 2025, the agency is facing increased pressure …
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Offseting Staffing Cuts Amid Rising 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 testimony before Congress. This development comes as the agency faces a substantial decline in its workforce under the Trump administration, with about a quarter of its staff leaving since 2025. However, the CFTC is also being…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Offseting 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 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 en…
April 16, 2026, 4:50 p.m.
Policy
US Regulatory Chief Highlights AI's Role in Mitigating Staffing Cuts Amid Crypto Oversight
The US Commodity Futures Trading Commission (CFTC) is embracing artificial intelligence (AI) and automation to manage its expanded responsibilities, including the regulation of cryptocurrency and prediction markets, as stated by Chairman Mike Selig in his congressional testimony. Despite a significant decline in the agency's workforce under the Trump administration, with about a quarter of the st…
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 address significant new responsibilities, according to Chairman Mike Selig's congressional testimony, despite a substantial decline in the agency's workforce under President Donald Trump's administration. About a quarter of the CFTC's staff has departed since 2025, due to Trump's demands for federa…
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 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 Reveals AI's Role in Compensating for Staffing Cuts Amidst Expanding Crypto Oversight
The US Commodity Futures Trading Commission is increasingly relying on artificial intelligence and automation to manage its growing oversight duties, according to testimony from Chairman Mike Selig, 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, largely due to President Trump's demands f…
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 embracing artificial intelligence and automation to cope with significant new regulatory responsibilities, according to Chairman Mike Selig's congressional testimony. Despite a substantial decline in the agency's workforce under President Donald Trump's administration, with about a quarter of staff leaving since 2025, the CFTC is tasked with overseei…
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 tackle its growing responsibilities, according to Chairman Mike Selig's congressional testimony. Despite a significant decline in the agency's workforce under President Donald Trump, the CFTC is leveraging AI to enhance its surveillance and investigative capabilities. Selig noted that the agency is …
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Cuts Amidst Growing Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is embracing 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 the Trump administration. Approximately a quarter of the CFTC's staff has departed since 2025, due to President Trump's dema…
April 16, 2026, 4:50 p.m.