President Biden has nominated Christy Goldsmith Romero, currently a commissioner at the Commodity Futures Trading Commission (CFTC), to be the next Chair of the U.S. Federal Deposit Insurance Corporation (FDIC). Romero, known for her efforts to bring transparency and accountability to the financial system, is expected to win enough votes for confirmation. However, the process could be delayed by Republican opposition. Several senators, including Sherrod Brown, Mazie Hirono, and Senator Baldwin, have expressed strong support for her nomination, emphasizing her qualifications and past unanimous confirmations by the Senate. Romero's stance on cryptocurrency, which may be stringent, could also influence her role at the FDIC. TD Cowen notes that this move could shake up crypto policy at the regulator.
Christy Goldsmith Romero has been nominated as the new FDIC chair, where she could have a broad impact on crypto in the US. Unfortunately, it may not be what the industry wants. https://t.co/ZcglSHrrM8
Biden Nominated Christy Goldsmith Romero for FDIC Chair. What Is Her Stance on Crypto? From her past remarks Christy Goldsmith Romero, who is currently a CFTC commissioner, may take a hard line against crypto. https://t.co/FOGprLSje6
Christy Goldsmith Romero is a principled regulator with a record of fighting to protect American consumers. Meeting with her today, I'm confident that she has the experience to get the job done at the FDIC. I look forward to voting to confirm her as our next Chair of the FDIC.
Throughout her career, Christy Goldsmith Romero has worked to bring transparency and accountability to our financial system while fighting to defend working families. I enjoyed meeting with her today and look forward to confirming her to lead the @FDICgov. https://t.co/dFEK1ZHEdG
Christy—who was unanimously confirmed by the Senate twice—has the management experience, industry expertise, & track record of standing up for Americans that’s needed at the FDIC. We need to confirm her ASAP so the FDIC can get its house in order & get back to its mission. https://t.co/Scvs9r5i5r
President Biden last week nominated CFTC commissioner Christy Goldsmith Romero to lead the FDIC. Romero will probably win enough votes to be confirmed but Republicans are likely to slow-walk the process https://t.co/mGDtAu2HNw https://t.co/UBNHr1VZ1E
FDIC chair nominee Christy Goldsmith Romero will likely win enough votes to be confirmed but Republicans are likely to slow walk the process. Read more: https://t.co/vEmzv50yMe https://t.co/6poux0yAvd
Throughout her career, Christy Goldsmith Romero has worked to bring transparency and accountability to our financial system. I enjoyed meeting with her today and look forward to voting to confirm her as the next Chair of the @FDICgov. https://t.co/v1jNLzIW0M
THE VAULT: Sherrod Brown is promising to move as quickly as possible to advance the nomination of Christy Goldsmith Romero to be the next FDIC Chair. @BrendanPedersen has the details: https://t.co/tnYSPlIK5T
U.S. FDIC chair nominee likely has the votes, but confirmation process could drag https://t.co/KqxZcDlQEm
US FDIC chair nominee likely has the votes but confirmation process could drag https://t.co/vEmzv500WG https://t.co/1gtLYOOPmS
Analysis-US FDIC chair nominee likely has the votes but confirmation process could drag https://t.co/EEmTBm7MNq
🔵 ANALYSIS-US FDIC CHAIR NOMINEE LIKELY HAS THE VOTES BUT CONFIRMATION PROCESS COULD DRAG Christy Goldsmith Romero will likely win enough votes to be confirmed as U.S. Federal Deposit Insurance Corporation chair but Republicans are likely to slow walk the process. Full Story… https://t.co/vF3gBXXINS
The @FDICgov plays a critical role in protecting consumers & keeping our financial system safe. And Ms. Goldsmith Romero has the experience & qualifications necessary to lead the agency & do just that. The Senate must confirm her without delay. https://t.co/1bnvSZzdSl
[THE BLOCK] President Biden's move to nominate two CFTC commissioners to other roles could shake up crypto policy at regulator: TD Cowen