The Trump administration has reportedly pulled Brian Quintenz’s nomination to chair the Commodity Futures Buying and selling Fee.

Politico reported on Tuesday, citing two individuals who knew of the choice forward of its public announcement, that the White Home withdrew Quintenz’s nomination to be a board member and chair of the CFTC.

Quintenz informed Politico that “being nominated to chair the CFTC and going by means of the affirmation course of was the distinction of my life.”

“I’m grateful to the President for that chance and to the Senate Agriculture Committee for its consideration,” he added. “I look ahead to returning to my personal sector endeavors throughout this thrilling time for innovation in our nation.”

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