June Confirmation Vote for CFTC Nominees

Senate Democrats plan to vote next month to fill the three of five commissioner seats that are currently open.

The U.S. Senate plans confirmation votes early next month for three commissioners to serve on the main derivatives regulator, a panel that has been slowed this year without a permanent chairman or full roster of members.

Senate Democratic leaders will push to confirm Treasury Department official Timothy Massad as chairman of the Commodity Futures Trading Commission (CFTC) and two other nominees as commissioners, according to a leadership aide who requested anonymity in discussing the scheduling of the votes.

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