On July 31, according to Bloomberg News, after the delay in confirming Brian Quintenz as chairman of the U.S. Commodity Futures Trading Commission (CFTC) triggered speculation about his candidacy, the White House immediately reiterated its support for Trump as a nominee. The matter has attracted much attention since the Senate Agriculture Committee abruptly canceled its nomination vote for Quintenz on Monday. Most members of the committee must first approve their nominations before the full Senate can approve them. A spokesman for the committee said at the time that the White House requested the postponement of the vote. According to people familiar with the matter, before the vote was postponed, cryptocurrency billionaire Tyler Winklevoss urged the White House to stop or delay the confirmation process. But the White House made it clear on Wednesday that Quintenz is still the only candidate for the position in this administration. Spokesperson Liz Huston said it will help the United States become the cryptocurrency capital and looks forward to its rapid confirmation. After serving as a member of the CFTC from 2017 to 2021, he has served as an executive in the cryptocurrency division of venture capital fund a16z, and he has also served on the board of directors of forecasting market platform Kalshi. Quintenz said he would resign from the two companies if confirmed.