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Senate confirms key financial nominees before summer recess

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The Senate confirmed on Wednesday 10 Trump administration financial regulatory appointments, including the chairman of the Commodity Futures Trading Commission (CFTC) and key…
The Senate confirmed on Wednesday 10 Trump administration financial regulatory appointments, including the chairman of the Commodity Futures Trading Commission (CFTC) and key Treasury Department aides.
Among dozens of other Trump administration nominees confirmed before the chamber breaks for recess, the Senate approved Republican J. Christopher Giancarlo to be the CFTC’s chairman — he has served as the commission’s acting chief since President Trump took office. The Senate also confirmed Republican Brian Quintenz and Democrat Rostin „Russ“ Behnam as commissioners of the federal regulator overseeing futures, swaps and derivatives trades.
The Senate cleared David Malpass to be Treasury undersecretary of international affairs, David Kautter to be assistant secretary for tax policy and Chris Campbell for assistant secretary of financial institutions.
Campbell has been the Republican staff director on the Senate Finance Committee. He previously served as legislative director to Sen. Orrin Hatch Orrin Hatch Overnight Finance: Trump signs Russia sanctions bill, rips Congress | Trump plan would cut legal immigration | Senate confirms labor board pick | House Budget chair running for governor | Regulator takes step to change ‚Volcker Rule‘ Freedom Caucus chairman wants corporate tax rate in the teens Thune: Debt ceiling action ‚unlikely‘ before September MORE (R-Utah) , the current Finance Committee chairman.
The Senate also confirmed Neal Rackliff and Anna Farias as Department of Housing and Urban Development assistant secretaries.

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