Fox Business reporter Eleanor Terrett posted on the X platform that Caroline Pham, the new acting chair of the US Commodity Futures Trading Commission (CFTC), issued a statement after being voted and confirmed by the committee. She said: "I am deeply honored to lead the CFTC as acting chair. This is a critical time, and I thank President Trump for his confidence in me, as well as my colleagues and the CFTC staff for their support." Caroline Pha also said that she looked forward to working with various stakeholders in her new role and focusing on the CFTC's mission of promoting well-functioning markets, supporting economic growth and strengthening the competitiveness of the United States.