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Policy
CFTC's Selig Highlights AI's Role in Offset of Staffing Cuts Amidst Growing Crypto and Prediction Market Oversight
The U.S. 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, with about a quarter of staff leaving since 2025, the CFTC is leveraging AI tools like Microsoft's Co…
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 oversight duties, according to testimony from Chairman Mike Selig, 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 federal workfo…
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 embracing artificial intelligence and automation to tackle its growing 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 to enhance its surveillance and investigative capabilities. Selig noted t…
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 leveraging artificial intelligence and automation to navigate its expanding responsibilities in overseeing 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 staff having left since 202…
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 US Commodity Futures Trading Commission is embracing artificial intelligence and automation to navigate its significantly expanded responsibilities in overseeing cryptocurrency and prediction markets, according to Chairman Mike Selig's testimony to Congress, despite facing a substantial decline in its workforce under the Trump administration. Approximately a quarter of the CFTC's staff has de…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chair 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 expanded 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 is tasked with regulating the rapidly growing cryptocurrency and prediction markets. Approximately a…
April 16, 2026, 4:50 p.m.
Policy
CFTC Relies on AI to Offset Staffing Cuts Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its growing 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 a redu…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chief Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to tackle its burgeoning responsibilities, including the oversight of cryptocurrency and prediction markets, according to Chairman Mike Selig's testimony before Congress. Despite a substantial decline in the agency's workforce under the Trump administration, with about a quarter of staff leaving since…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Offseting 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 duties, according to Chairman Mike Selig's congressional testimony, despite a substantial 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 leveraging AI tools li…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Offseting Staffing Cuts Amid Expanding Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is turning to artificial intelligence and automation to tackle its growing workload, according to Chairman Mike Selig's testimony before Congress. Despite a significant decline in staff under the Trump administration, the CFTC is tasked with regulating the rapidly expanding cryptocurrency and prediction markets. Selig emphasized that AI tools, such as M…
April 16, 2026, 4:50 p.m.