According to Wu Blockchain, the CFTC official website announced that Acting Chair Caroline D. Pham has officially stepped down; Michael S. Selig was sworn in as the 16th Chair of the CFTC on December 22. Selig was previously nominated by Trump on October 27, 2025, and served as Chief Legal Advisor for the SEC Crypto Task Force. He also worked as Senior Advisor to SEC Chair Paul S. Atkins, contributing to the development of the regulatory framework for digital asset securities markets and the coordination of SEC/CFTC regulatory approaches, while advocating to end 'regulation by enforcement.' https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=54007