Senate Confirms Selig as Chief of CFTC and Hill to Run the FDIC
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Trump’s Second Term:The US Senate on Thursday night confirmed Michael Selig as chairman of the Commodity Futures Trading Commission and Travis Hill as chairman of the Federal Deposit Insurance Corp., installing permanent chiefs of two agencies that play critical roles overseeing financial markets and banks. The CFTC traditionally regulates the swaps and derivatives markets but is on the precipice of change as lawmakers consider legislation that would grant the agency greater authority over digital assets.