White House Picks Christy Goldsmith Romero to Lead FDIC (1)

The White House will nominate Christy Goldsmith Romero to take over as head of the Federal Deposit Insurance Corp. after a probe found credible allegations of harassment and discrimination at the bank regulator.

Goldsmith Romero, a Democratic commissioner at the Commodity Futures Trading Commission since 2022, would be responsible for overhauling a workplace culture at one of the most important financial regulators in the US. Among other things, the FDIC is responsible for handling bank failures.

Christy Goldsmith Romero, commissioner of the Commodity Futures Trading Commission

Photographer: Matthew Busch/Bloomberg

The FDIC chair position would be a promotion for Goldsmith Romero. Before joining the derivatives regulator, she had led government oversight of ...