President Biden announces picks to fill CFTC vacancies

President Biden announces picks to fill CFTC vacancies

U.S. President Joe Biden has tapped acting chairperson of the Commodity Futures Trading Commission Rostin Behnam to assume his position on a permanent basis, as well as two others to fill vacant commissioner seats.

In a Monday announcement from the White House, President Biden said he planned to nominate Behnam — who has been serving as lead at the Commodity Futures Trading Commission, or CFTC, since former chair Heath Tarbert left in January — in addition to Kristin Johnson and Christy Goldsmith Romero. All must be confirmed by the Democrat-controlled Senate.

According to her faculty profile at the Emory University School of Law, Johnson has been examining the implications of “emerging innovative technologies including distributed digital ledger technologies that enable the creation of digital assets and intermediaries.” She has previously hinted at establishing greater governmental oversight of crypto platforms.

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Romero has been serving as special inspector general for the Troubled Asset Relief Program, an initiative established to “prevent and detect fraud, waste,

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