CFTC Chairman Selig Highlights AI's Role inOffsetting 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 regulatory duties, according to Chairman Mike Selig's congressional testimony, despite a significant decline in the agency's workforce under President Donald Trump's administration. Since 2025, approximately a quarter of the CFTC's staff has departed, in line with Trump's d…
April 16, 2026, 4:50 p.m.