Obama To Nominate Timothy Massad As CFTC Chief

|
November 12, 2013 6:06 a.m.

President Barack Obama on Tuesday will nominate Timothy Massad, a Treasury Department official, for chairman of the Commodity Futures Trading Commission, which regulates futures trading, according to the Washington Post.

Massad currently heads the Treasury office in charge of the Troubled Assets Relief Program, which ensures the stability of the banking and housing sectors. 

“Tim Massad is the right person to lead the CFTC at this important time for our economy and financial markets,” a White House official said in a statement.

Massad will take over for current CFTC chairman, Gary Gensler, who held the post for 5 years.

Latest Livewire
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Investigations Desk:
Reporters:
Newswriters:
Senior Editor for Content Strategy and Audience Development:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: