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US CFTC Chairman 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 cope with substantial new regulatory responsibilities, according to Chairman Mike Selig's congressional testimony, despite a significant 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
US CFTC Chairman Highlights AI's Role in Compensating for Staffing Cuts Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence to navigate significant new responsibilities, 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 has departed since 2025, owing to Trump's demands for a reduced f…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Compensating for 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 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. Since 2025, about a quarter of the CFTC's staff has left due to President Trump's demands for feder…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Reveals AI's Role in Mitigating Staffing Cuts Amid Expanding Crypto Oversight
The US Commodity Futures Trading Commission (CFTC) is embracing artificial intelligence (AI) and automation to tackle its growing regulatory responsibilities, according to Chairman Mike Selig's testimony to Congress. 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 …
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amidst Growing Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its expanded 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 the staff leaving since 2025, the…
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 embracing artificial intelligence and automation to enhance its regulatory capabilities, particularly in the areas of cryptocurrency and prediction markets, according to Chairman Mike Selig's testimony before the House Agriculture Committee. This strategic move comes as the agency faces substantial new oversight responsibilities, coupled with a notab…
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 (CFTC) is leveraging 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, the CFTC is tasked with overseeing the rapidly expanding cryptocurrency and predicti…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chair Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its expanded responsibilities, including the oversight of cryptocurrency and prediction markets, according to testimony from Chairman Mike Selig. Despite a significant decline in the agency's workforce under the Trump administration, Selig emphasized that tools like AI will be instrumental in…
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Reveals AI's Role in Mitigating Staffing Cuts Amid Increased Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to tackle its expanding regulatory duties, according to Chairman Mike Selig's congressional testimony, despite a significant decline in the agency's workforce under the Trump administration. Since 2025, approximately a quarter of the CFTC's staff has departed, owing to President Trump's push for a lean…
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 embracing artificial intelligence and automation to navigate its burgeoning oversight responsibilities, according to testimony by Chairman Mike Selig, 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, largely due to President Trump's directives…
April 16, 2026, 4:50 p.m.