Stock Groups

President Biden sends CFTC nominations to Senate -Breaking


The White House has officially submitted President Joe Biden’s nominations to fill two seats at the Commodity Futures Trading Commission with the upcoming departure of another commissioner.

White House Announces Friday’s Decision it had sent Citi managing director Caroline Pham’s and Summer Mersinger’s names to the Senate for confirmation. Mersinger previously served as chief of staff to commissioner Dawn Stump — who is expected to leave the agency this year — as well as the director of the Office of Legislative and Intergovernmental Affairs. Pham and she will take the place of Dan Berkovitz who expires April 2023 and Stump who ends April 2027.