White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports
Summary
The White House is expected to nominate Christy Goldsmith Romero as the next FDIC chair and Kristin Johnson to a senior Treasury post. Goldsmith Romero, a CFTC commissioner, is known for her work on a Technology Advisory Committee focused on digital assets and cybersecurity. She will replace Martin Gruenberg, who is stepping down in response to a report on misconduct at the FDIC. Johnson, another Democratic commissioner, will be nominated for the role of Assistant Secretary for Financial Institutions at the Treasury Department.
