US Congresswoman Dina Titus has called for an investigation into Brian Quintenz, the CFTC's nominated chair, due to his ties with Kalshi, a prediction platform regulated by the CFTC. Titus urged the acting chair to investigate whether Quintenz violated any CFTC policies or ethical standards before his Senate confirmation. She highlighted a Freedom of Information Act request that revealed Quintenz sought information on Kalshi’s competitors and may have been involved in agency decisions prior to confirmation. Concerns about Quintenz's practical ability to manage CFTC responsibilities were raised, especially as he is expected to be the sole commissioner for a time, making it difficult to avoid decisions involving Kalshi. Additionally, the Winklevoss twins have shifted their support, suggesting Quintenz might not align with President Trump’s agenda regarding the CFTC's regulatory stance on crypto. Quintenz has stated he would divest from Kalshi if confirmed, but critics doubt the feasibility of his compliance with such a pledge in the current regulatory landscape.

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