The White House has rescinded Brian Quintenz’s nomination as Donald Trump’s choice to lead the commodities regulator, according to Politico.
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The Trump administration is said to have retracted Brian Quintenz’s nomination as chair of the Commodity Futures Trading Commission.
Politico reported on Tuesday, referencing two sources familiar with the decision before its public release, that the White House has pulled back Quintenz’s nomination for both a board member role and chair of the CFTC.
Quintenz expressed to Politico that “being nominated to chair the CFTC and navigating the confirmation process was the greatest honor of my life.”
“I appreciate the President for that opportunity and the Senate Agriculture Committee for its consideration,” he noted. “I look forward to resuming my private sector pursuits during this exciting period of innovation in our nation.”
This is an evolving story, and more details will be added as they emerge.