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Biden taps CFTC commissioner Goldsmith Romero to lead scandal-hit FDIC

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.

White houseDistrict of columbiaUnited statesChris prenticeCaroline crenshawGoldsmith romeroChristopher coxJoe bidenChristy goldsmith romeroDouglas gillisonGordon itoMartin gruenbergKristin johnsonPete schroederMount everestSherrod brown

More consumer data safeguards needed, watchdog tells US Congress

By Douglas Gillison (Reuters) - The head of the top U.S. watchdog agency for consumer finance on Wednesday called on lawmakers to adopt greater protections against the collection and use of consumers' data from payment processing and so-called buy-.

United statesTrish wexlerDouglas gillisonRohit chopraAurora ellisJohn kennedyUs consumer financial protection bureauJpmorgan chase coSupreme courtFederal reserveFinancial protection bureauCapitol hillReuters chopraSenator john kennedy

White House close to tapping Goldsmith Romero to head FDIC, WSJ reports

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.

United statesWhite houseDistrict of columbiaChris prenticeChristy goldsmith romeroSandra malerMary schapiroDan whitcombMartin gruenbergChristopher coxGoldsmith romeroKanishka singhPete schroederDouglas gillisonJoe bidenLeslie adler

Biden vetoes congressional disapproval of SEC accounting bulletin on crypto assets

U.S. President Joe Biden on Friday vetoed a congressional disapproval of the U.S. Securities and Exchange Commission s accounting bulletin on crypto assets. By virtue of invoking the. -June 31, 2024 at 07:04 pm EDT - MarketScreener

White houseDistrict of columbiaUnited statesKanishka singhDouglas gillisonChris reeseExchange commissionJoe bidenCongressional review actCostas pitas

Biden vetoes congressional disapproval of SEC accounting bulletin on crypto assets

Biden vetoes congressional disapproval of SEC accounting bulletin on crypto assets
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United statesWhite houseDistrict of columbiaKanishka singhChris reeseDouglas gillisonExchange commissionJoe bidenCongressional review actCostas pitas