U.S. Financial Regulators Finally Won’t Be a One-Man Show! White House Nominates 4 People at Once, Bringing Both Democrats and Republicans on Board

Washington’s financial regulatory scene is finally about to get lively!
On November 12, the White House submitted nominations for four commissioners to the Senate, assigning them to two important regulatory agencies, the SEC and CFTC. Two Democrats and two Republicans—the lineup looks carefully balanced.
The nominees are Kristin Johnson, Steven Levine, Matthew Rowland, and Nathan Anonick.
The most eyebrow-raising part is that the CFTC had been facing a severe shortage of commissioners, with Chairman Mike Selig at one point the agency’s only serving commissioner.
It’s a somewhat awkward picture: an agency responsible for regulating the vast futures market might have meetings with fewer people than a small startup.
Now the White House has finally put forward a list of new candidates, hoping to reinvigorate the regulatory team.
Of course, the four are still just nominees; they won’t officially take office unless the Senate approves. That’s how American politics works: you can submit a résumé, but you may not get the job, and there could still be plenty of meetings.
Financial markets fear unclear rules most. Hopefully, after these appointments, the regulators will have fewer empty chairs and make more effective decisions!$AVGO

‌#白宫提交CFTC与SEC两党委员提名