The Commodity Futures Trading Commission will soon fill its empty seats. After months of delays, the Senate on Tuesday confirmed all three of President Barack Obama’s nominees.
Timothy Massad, picked to replace former chairman Gary Gensler, is a former Treasury Department official. Prior to joining Treasury, Massad was a partner with the law firm of Cravath, Swaine & Moore in New York. He left the firm from December 2008 to February 2009 to assist the newly formed Congressional Oversight Panel, then headed by Elizabeth Warren, one of the oversight agencies for Troubled Asset Relief Program.
