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Wednesday, April 9, 2014

Committee Approves CFTC Nominees

The Senate Agriculture Committee yesterday approved by a voice vote several nominations to the CFTC, including Timothy Massad as chairman and Sharon Bowen and Christopher Giancarlo as commissioners.

Sen. David Vitter (R-La.) objected to Bowen’s nomination due to her handling of a Ponzi scheme as director of the Securities Investor Protection Corporation, and he said he would use a procedural move that could delay her confirmation by the full Senate.

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