​Biden nominates CFTC’s Goldsmith Romero to head FDIC

Christy Goldsmith Romero

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.

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