CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Growing Crypto and Prediction Market Responsibilities
The US Commodity Futures Trading Commission is increasingly relying on artificial intelligence and automation to manage its expanding oversight duties, 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, the CFTC is tasked with regulating the rapidly …
April 16, 2026, 4:50 p.m.