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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 leveraging artificial intelligence and automation to tackle its growing responsibilities in overseeing 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, the CFTC i…
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 leveraging artificial intelligence and automation to address significant new regulatory duties, 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 demands for fe…
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 embracing artificial intelligence and automation to cope with significant new regulatory responsibilities, as outlined by Chairman Mike Selig in congressional testimony. Despite a substantial decline in the agency's workforce under the Trump administration, with about a quarter of staff departing since 2025, the CFTC is tasked with overseeing rapidly…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chair Selig Highlights AI's Role in Compensating for Staffing Shortages Amid Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to address its expanded regulatory duties, according to Chairman Mike Selig's testimony, despite a significant decline in the agency's workforce under the Trump administration. With about a quarter of its staff having left since 2025, the CFTC is tasked with overseeing burgeoning cryptocurrency and pr…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Cuts Amid Growing Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging 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 the Trump administration. Approximately a quarter of the CFTC's staff has departed since 2025, due to President Trump's de…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Offset Staffing Cuts Amid Expanded Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle 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, about a quarter of the CFTC's staff has departed, due to President Trump's demands for a reduced federal workforce…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Reveals AI's Role in Mitigating Staffing Cuts Amid Expanded Crypto Oversight
The US Commodity Futures Trading Commission (CFTC) is embracing artificial intelligence (AI) 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 the Trump administration. Approximately a quarter of the CFTC's staff has departed since 2025, due to President…
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 oversight duties, according to Chairman Mike Selig's testimony before Congress, despite a significant decline in the agency's workforce under President Donald Trump's administration. With about a quarter of the CFTC's staff having departed since 2025, the agency is leveraging AI t…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Offseting Staffing Cuts Amidst Expanding Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence to bolster its regulatory capabilities, particularly in the face of significant staff reductions under the Trump administration. Despite a decline of roughly 25% in its workforce, the CFTC is tasked with overseeing the rapidly evolving landscapes of cryptocurrency and prediction markets. Chairman Mike Selig emphasize…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chief Relies on AI to Offset Staffing Cuts Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission is leveraging 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's administration. Approximately a quarter of the CFTC's staff has departed since 2025, due to Trump's demands for fed…
April 16, 2026, 4:50 p.m.