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White House sends CFTC, SEC role picks to Senate for approval

Reuters
White House sends CFTC, SEC role picks to Senate for approval

Nov 12 (Reuters) - The White House ‌on Thursday sent bipartisan nominations for roles at the Commodity Futures Trading Commission ​and ‌the Securities and Exchange Commission to the Senate ‌for approval.

The move comes as President Donald Trump's Republican Party is set to lose control of ‌the chamber in January following last week's midterm election defeat.

• Kristin Johnson, a Democrat, was named to be a member of the SEC for a term that ⁠is due to expire in 2029. She was ‌previously a CFTC commissioner, ⁠appointed by then-Democratic President Joe Biden.

• The other SEC ​nomination announced on Thursday goes to Republican Steven Levine for a term that is due ​to expire in 2030 as a member ​of ‌the organization.

• Matthew Rowland, a Democrat, was nominated for ​the role of a commissioner at the CFTC ⁠for the remainder of a ‌term expiring in ​2028.

• Nathan Anonick, a Republican, ​was also nominated for a role as a commissioner at the CFTC for a term that is due to end in 2031.

• CFTC Chairman ‌Mike Selig, who was picked by Trump and confirmed by the Senate in 2025, described the nominations ‌of ​Rowland and Anonick in a post on X as "two strong bipartisan picks" whom he looked forward to working with.

(Reporting by Costas Pitas; additional reporting by Jarrett ‌Renshaw and Chris Prentice; Editing by Sonali Paul)