Donald Trump · US Congress · U.S. · Crypto Briefing
CFTC chairman confirms the US will not pursue a CBDC under Trump
Compiled by KHAO Editorial — aggregated from 1 source + 1 reference discovered via search. See llms.txt for citation guidance.
◌ Single Source
Mike Selig's comments reinforce an administration-wide rejection of central bank digital currencies, with Congress now codifying the ban into law.
Key facts
- Selig, who was confirmed as CFTC Chairman on December 18, 2025, and sworn in four days later, has spent his tenure focused on regulatory clarity for digital assets and expanding the CFTC’s influence
- CFTC Chairman Mike Selig has stated plainly that the United States will not have a central bank digital currency under President Trump
- The Senate’s June 2026 housing bill, which tucked a four-year CBDC ban into its provisions, signals that Congress is willing to enshrine this position beyond any single presidency
- A CBDC, by definition, would give the Federal Reserve direct visibility into, and potentially control over, individual transactions
Summary
CFTC Chairman Mike Selig has stated plainly that the United States will not have a central bank digital currency under President Trump. The remarks land at a moment when the legislative branch is actively catching up to the executive branch’s position. Selig, who was confirmed as CFTC Chairman on December 18, 2025, and sworn in four days later, has spent his tenure focused on regulatory clarity for digital assets and expanding the CFTC’s influence over the sector. The Senate’s June 2026 housing bill, which tucked a four-year CBDC ban into its provisions, signals that Congress is willing to enshrine this position beyond any single presidency.