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International Business Times
International Business Times
Business
Marvie Basilan

After SEC Chief, CFTC Chair Rostin Behnam To Step Down On Trump Inauguration Day

Rostin Behnam CFTC SEC Donald Trump Gary Gensler Crypto Inauguration Elizabeth Warren Binance Commission
CFTC Chair Rostin Behnam during a Congress hearing. (Credit: U.S. Senate Website Hearing Video/Screenshot)

KEY POINTS

  • Behnam said that during his leadership, he took actions toward 'building consensus'
  • Unlike Gensler, Behnam was viewed as a more open-minded regulatory leader
  • The CFTC levied multi-billion-dollar fines on Binance and had run-ins with crypto leaders over a proposed ban on crypto betting

Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has announced he will step down from his position on Jan. 20, during President-elect Donald Trump's inauguration.

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