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Policy
CFTC's Selig Credits AI for Helping to Offset Staffing Cuts Amid Expanding Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to cope with its expanding oversight responsibilities, according to Chairman Mike Selig's congressional testimony, despite a substantial decline in the agency's workforce under the Trump administration. Since 2025, about a quarter of the CFTC's staff has departed, owing to President Trump's demand for …
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chair Selig Highlights AI's Role in Offset of Staffing Cuts Amid Increased Crypto Oversight
The US Commodity Futures Trading Commission is utilizing artificial intelligence and automation to address its expanding regulatory responsibilities, as stated by Chairman Mike Selig in congressional testimony. This comes as the agency faces a substantial decline in workforce under the Trump administration. Despite a quarter of the CFTC's staff departing since 2025, the commission is tasked with …
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chair Selig Highlights AI's Role in Compensating for Staffing Cuts Amid Expanded Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging 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 approximately a quarter of staff departing since 2025, the CFTC is tasked with overseein…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Reductions Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its growing oversight responsibilities, 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 the staff leaving since 2025, the CFTC is tasked with regulating the rapidly…
April 16, 2026, 4:50 p.m.
Policy
US CFTC's Selig Reveals AI's Role in Mitigating Staffing Cuts Amid 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, with approximately a quarter of staff leaving since 2025, the CFTC is being tasked with regulating the…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Highlights AI's Role in Offsetting Staffing Cuts Amid Expanding Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to cope with substantial new regulatory responsibilities, according to Chairman Mike Selig's congressional testimony, despite a notable 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 mandat…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman 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 address 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. With about a quarter of the CFTC's staff having left since 2025, the agency is also tasked with regulat…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staff Shortages Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission (CFTC) is leveraging artificial intelligence (AI) and automation to cope with significant new regulatory responsibilities, 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 2025, the CFTC is tasked with overseei…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Compensating for Staff Shortages Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to offset the impact of significant staff reductions, according to testimony by Chairman Mike Selig. Despite a decline of approximately 25% in the agency's workforce since 2025, largely due to President Donald Trump's demands for a leaner federal workforce, the CFTC is tasked with overseeing the rapidl…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Offset of Staffing Cuts Amid Growing Crypto and Prediction Market Oversight
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, AI tools are being utilized to enhance surveillance and investigations. Chairman Selig emphasized that the CFTC is prioritizing efficient and ef…
April 16, 2026, 4:50 p.m.