- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2024-06-13T19:12:00
President Joe Biden selected a commissioner at the Commodity Futures Trading Commission (CFTC) as his preferred choice to lead the Federal Deposit Insurance Corporation (FDIC) in the aftermath of its toxic workplace culture scandal.
Christy Goldsmith Romero was nominated to serve as chair and member of the FDIC, the White House announced Thursday. She would succeed Martin Gruenberg, who said last month he would resign following the release of an independent review that criticized the agency’s lack of response to employee claims of sexual harassment and discrimination.
Goldsmith Romero’s nomination is subject to Senate approval. Gruenberg said he would step down once his successor was confirmed.
2024-09-18T16:43:00Z By Aaron Nicodemus
The Federal Deposit Insurance Corporation proposed a new rule that would require banks to keep better deposit records on ownership of funds controlled by their financial technology partners.
2024-09-18T13:42:00Z By Aaron Nicodemus
Federal banking regulators approved a new rule for bank mergers that will require additional scrutiny of mergers for antitrust issues for large and mid-sized banks.
2024-06-12T21:18:00Z By Aaron Nicodemus
Caroline Pham, a commissioner at the Commodity Futures Trading Commission, said compliance officers have a lot to worry about if they or their firms are subject to CFTC enforcement during her fireside chat at CW’s Financial Crimes Summit.
2025-06-26T20:22:00Z By Oscar Gonzalez
In another sign of President Donald Trump’s focus on cryptocurrency, the head of the U.S. Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac to create proposals to consider crypto assets for a single-family home mortgage.
2025-06-24T17:21:00Z By Ruth Prickett
Four years after Brexit, the U.K. and EU announced a “reset” that will ease barriers to importing and exporting food, drink, and agricultural produce. It may also harmonize rules around carbon emissions trading systems, simplifying compliance for multinational organizations that are large emitters, and enable more young people to gain ...
2025-06-20T14:20:00Z By Oscar Gonzalez
The U.S. Senate confirmed Olivia Trusty as commissioner for the Federal Communications Commission on Tuesday, marking a shift in agency staffing that gave commissioners nominated by President Donald Trump a majority of decision-making power. The move followed resignations of two commissioners earlier this month, each of whom had been nominated ...
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