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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 embracing artificial intelligence and automation to address its increased 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 demands…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Relies on AI to Offset Staffing Cuts Amid Growing Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to address its expanding regulatory responsibilities, according to Chairman Mike Selig's congressional testimony, despite a significant decline in the agency's workforce under the Trump administration. Approximately 25% of the CFTC's staff has departed since 2025, due to President Trump's demands for …
April 16, 2026, 4:50 p.m.
Policy
CFTC Chairman Selig Highlights AI's Role in Compensating for Staffing Cuts Amid Expanded Crypto Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence and automation to cope with its burgeoning regulatory duties, according to Chairman Mike Selig's congressional testimony, despite the agency's workforce having shrunk substantially under President Donald Trump's administration. With approximately a quarter of the CFTC's staff having departed since 2025 due to Trump's…
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 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
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Growing Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to cope with substantial new regulatory duties, according to Chairman Mike Selig's congressional testimony. Despite a notable decline in the agency's workforce under President Donald Trump's administration, the CFTC is tasked with overseeing burgeoning cryptocurrency and prediction markets. Selig note…
April 16, 2026, 4:50 p.m.
Policy
U.S. CFTC Chair Highlights AI's Role in Compensating for Staffing Cuts Amidst Crypto and Prediction Market Oversight
The U.S. Commodity Futures Trading Commission is embracing artificial intelligence and automation to address its expanding oversight responsibilities, according to Chairman Mike Selig's congressional testimony, despite a substantial decline in the agency's workforce under President Donald Trump's administration. With about a quarter of the CFTC's staff departing since 2025 due to federal workforc…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts
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 President Donald Trump's administration. Since 2025, approximately a quarter of the CFTC's staff has departed, in line wit…
April 16, 2026, 4:50 p.m.
Policy
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 manage its increased regulatory duties, according to testimony by 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 mandate to reduce the federal w…
April 16, 2026, 4:50 p.m.
Policy
US CFTC Relies on AI to Offset Staffing Cuts Amid Growing Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is leveraging artificial intelligence and automation to manage its expanded responsibilities, according to Chairman Mike Selig's congressional testimony, despite a significant decline in the agency's workforce under President Donald Trump's administration. Since 2025, approximately a quarter of the CFTC's staff has departed, as per agency records, due t…
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 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 the CFTC's staff departing since 2025, the agency faces new challenges…
April 16, 2026, 4:50 p.m.