The Senate has confirmed Rostin Behnam as the chairman of the Commodity Futures Trading Commission. Behnam has been a CFTC commissioner for the past four years. Meanwhile, President Biden has nominated Summer Mersinger and Caroline Pham as CFTC commissioners. Mersinger is a South Dakota native who previously worked for Senator John Thune. For the past two years, Mersinger was the CFTC director of legislative and intergovernmental affairs. Pham is a managing director at Citi and previously worked as special counsel and policy advisor to former CFTC Commissioner Scott O’Malia.
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