Sports Betting Ban, Carbon Credit Guides at Risk With CFTC Exits

July 9, 2024, 9:00 AM UTC

A reshuffling among President Joe Biden’s Wall Street watchdogs is set to leave the top regulator of derivatives trading shorthanded, potentially frustrating its planned crackdown on election and sports betting and other high-profile agenda items.

Two of five commissioners at the Commodity Futures Trading Commission will appear before a Senate committee Thursday, and are likely to be confirmed for new positions in the coming months, according to agency watchers.

Christy Goldsmith Romero is the White House’s nominee to head the Federal Deposit Insurance Corp. following reports of its toxic workplace culture. Kristin Johnson is the choice for a top Treasury ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.