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Trump’s Crypto-Friendly Picks Mike Selig and Travis Hill Confirmed to Lead CFTC and FDIC

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Trump’s crypto-friendly picks Mike Selig and Travis Hill have been confirmed to lead the CFTC and FDIC, with the Senate voting 53–43. Selig will take over from Caroline Pham, who is joining MoonPay. Hill, now FDIC chair, said banks can serve crypto firms if risks are managed. The appointments align with Trump’s broader regulatory reshuffle, including efforts related to Countering the Financing of Terrorism and maintaining stability in liquidity and crypto markets.
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