As a researcher with a background in finance and experience following regulatory developments, I’m excited about the appointments President Biden has made to key financial regulatory positions. The nominations of Christy Goldsmith Romero to lead the FDIC and Kristin Johnson as Assistant Secretary for Financial Institutions at the Treasury Department are particularly noteworthy.
As a seasoned crypto investor, I’m excited about President Joe Biden’s recent announcement regarding Christy Goldsmith Romero’s nomination to head the Federal Deposit Insurance Corporation (FDIC). With over 20 years of experience in financial regulation under her belt, she currently holds the position of Commissioner at the Commodity Futures Trading Commission (CFTC). Her extensive background also includes serving as the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), giving her a wealth of knowledge and expertise in this field.
Biden announced the appointment of Kristin Johnson as the new Assistant Secretary for Financial Institutions at the Treasury Department. With her background as a commissioner at the Commodity Futures Trading Commission (CFTC), Johnson brings extensive expertise in managing financial market risks to this role.
As a researcher delving into the realm of financial innovation and risk management, I have made significant strides in the field by presenting my insights before the U.S. House of Representatives on artificial intelligence and blockchain technology. My professional journey includes tenures at esteemed institutions such as JP Morgan Chase and Simpson Thacher Bartlett LLP, as well as a clerkship under Honorable Judge Joseph Greenaway, Jr.
Caroline A. Crenshaw has been given the opportunity for another tenure as a Commissioner with the Securities and Exchange Commission (SEC). Since her appointment in 2020, she has demonstrated a strong commitment to enhancing investor protection. Throughout her career, Crenshaw has worked as an attorney at the SEC and provided legal counsel to Commissioners. Additionally, she practices law at Sutherland, Asbill, and Brennan LLP. In her spare time, she serves as a captain in the U.S. Army Reserve’s Judge Advocate General’s Corps.
Gordon I. Ito, presently serving as the Insurance Commissioner of Hawaii, has been proposed for a seat on the Financial Stability Oversight Council.
Christy Goldsmith Romero and Kristin Johnson have been instrumental in the Commodity Futures Trading Commission (CFTC)’s initiatives to strengthen consumer safeguards and tackle conflicts of interest within the cryptocurrency sector. Romero has acknowledged the risks associated with cryptocurrencies, drawing parallels between these risks and the 2008 financial crisis.
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2024-06-14 00:52