Caroline Pham and Summer Mersinger are officially the nominations for the Commodity Futures Trading Commission submitted by Biden.
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.it had sent Citi managing director Caroline Pham’s and Summer Mersinger’s names to the Senate for confirmation.
and Lael Brainard to the Senate to await confirmation before serving as the next chair and vice-chair of the Federal Reserve, respectively. Confirmation from the Senate would allow Powell and Brainard to act as two of the top leaders of the Fed until 2026. President Biden also submitted Christy Goldsmith Romero’s and Kristin Johnson’s names for the remainder of the empty CFTC seats on Tuesday.
With the nominations for four CFTC commissioners — subject to confirmation from U.S. lawmakers — there will no longer be any vacancies at the agency in 2022 after a shakeup in leadership. Berkovitz announced in September that he was
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