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.
Majority Leader Harry Reid took a procedural step yesterday to end debate and advance the confirmation of one of the CFTC nominees, Sharon Y. Bowen, who has faced Republican opposition.
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