Trump Eyes Crypto Advocates Perianne Boring, Caroline Pham for CFTC Leadership

President-elect Donald Trump is reportedly considering two pro-crypto candidates, Perianne Boring and Caroline Pham, as potential chairs for the Commodity Futures Trading Commission (CFTC). According to Fox Business, both women bring substantial credentials in digital assets and may steer the CFTC toward a pivotal role as a digital asset regulator under a Trump administration.

Perianne Boring, founder and CEO of the Chamber of Digital Commerce, has emerged as a vocal advocate for the bitcoin mining sector. In a recent op-ed for CoinDesk, she criticized the Department of Energy’s data collection measures targeting bitcoin miners under the guise of emergency action. Boring has also accused the Securities and Exchange Commission (SEC) of “backdoor rulemaking” by pushing to classify several cryptocurrencies as securities. Despite these efforts, she has yet to publicly comment on her potential nomination.

Caroline Pham, currently a Republican-appointed CFTC commissioner, is another leading contender. Pham chairs the agency’s Global Markets Advisory Committee and has consistently championed balanced regulation of digital assets. In 2023, she proposed a “time-limited” pilot program to regulate tokenized markets, emphasizing a principles-based approach to innovation and risk management. Pham has also called for increased collaboration between international regulators and encouraged joint SEC-CFTC discussions to improve regulatory clarity.

Summer Mersinger, another name under consideration, was first mentioned as a contender by Reuters in November.

With these potential appointees, the CFTC could take a more prominent role in shaping U.S. digital asset policy during Trump’s presidency.

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