The Trump administration has reportedly pulled Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission.
Politico reported on Tuesday, citing two people who knew of the decision ahead of its public announcement, that the White House withdrew Quintenz’s nomination to be a board member and chair of the CFTC.
Quintenz told Politico that “being nominated to chair the CFTC and going through the confirmation process was the honor of my life.”
“I am grateful to the President for that opportunity and to the Senate Agriculture Committee for its consideration,” he added. “I look forward to returning to my private sector endeavors during this exciting time for innovation in our country.”
This is a developing story, and further information will be added as it becomes available.