By Douglas Gillison and Chris Prentice WASHINGTON (Reuters) -U.S. President Joe Biden will nominate Christy Goldsmith Romero, a Democratic member of the Commodity Futures Trading Commission (CFTC), to replace Martin Gruenberg as chair of the Federal De.
The White House is poised to appoint Christy Goldsmith Romero, known for her major enforcement actions, to lead the FDIC. Her leadership is expected to address lingering misconduct and rejuvenate the agency. Goldsmith Romero has an extensive background, having led key investigations and regulatory actions against financial giants.
WASHINGTON (Reuters) -The White House is close to naming derivatives regulator Christy Goldsmith Romero to replace Martin Gruenberg to head the Federal Deposit Insurance Corp, the Wall Street Journal reported on Monday, citing people familiar with the matter. Gruenberg, a Democrat, said in May he would step down once a successor was confirmed by the Senate, succumbing to pressure from lawmakers who said the bank regulator needed fresh leadership after an investigation found widespread sexual harassment and other misconduct at the agency. Goldsmith Romero, 53, has a background in enforcement and has led major actions against Wall Street banks and other financial firms during her career.
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