News Summary

Brian Quintenz, who leads policy for Andreessen Horowitz’s (a16z) crypto team, has been nominated by President Trump to head the Commodity Futures Trading Commission (CFTC). Quintenz, who previously served as a commissioner during the first Trump administration and founded Saeculum Capital Management, joined a16z in 2021. His nomination has garnered support from the venture capital (VC) industry, including Brian Armstrong, CEO of Coinbase, and Bobby Franklin, president of the National Venture Capital Association. Quintenz’s appointment comes amid internal controversies at the CFTC, including recent staff changes. This nomination highlights a16z’s increasing influence within the Trump administration, with several of its affiliates taking on significant government roles.