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Policy
US CFTC Relies on AI Amid Staffing Cuts to Oversee Crypto and Prediction Markets
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle 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, due to federal workforce reduc…
April 16, 2026, 4:50 p.m.
Policy
US CFTC's Selig Reveals 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 its expanded responsibilities, according to Chairman Mike Selig's congressional testimony, despite a substantial decline in the agency's workforce under the Trump administration. Since 2025, approximately a quarter of the CFTC's staff has departed, due to President Trump's demands for signi…
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 embracing artificial intelligence and automation to tackle its expanded 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 enhance its surveillance and investigative capabilities. With ab…
April 16, 2026, 4:50 p.m.
Policy
US 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 leveraging artificial intelligence and automation to cope with significant new responsibilities in overseeing cryptocurrency and prediction markets, according to Chairman Mike Selig's 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 C…
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 significant new oversight duties, according to Chairman Mike Selig's congressional testimony, despite a substantial decline in the agency's workforce under President Donald Trump's administration. Approximately a quarter of the CFTC's staff have left since 2025, due to Trump's demands for…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Offseting Staff Reductions Amid Growing Crypto and Prediction Market Oversight
The U.S. Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its expanding responsibilities, according to Chairman Mike Selig's congressional testimony, 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, due to President Trump's demands for federal work…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Growing Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging 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. Since 2025, about a quarter of the CFTC's staff has departed, due to President Trump's demands for sub…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Relies on AI to Offset Staffing Cuts Amid Growing Crypto and Prediction Market Responsibilities
The US 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, the CFTC is leveraging AI tools, such as Microsoft's Copilot, to enhance its surveillance and investiga…
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 Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to navigate significant new 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 demand for fed…
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 U.S. Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its growing oversight duties, as stated by Chairman Mike Selig in his congressional testimony. Despite a substantial decline in the agency's workforce under the Trump administration, the CFTC must now regulate the rapidly expanding cryptocurrency and prediction markets. Selig emphasized tha…
April 16, 2026, 4:50 p.m.