Trump Appoints GOP Commissioner Caroline Pham as Acting CFTC Chair: Bloomberg

Jan 20, 2025, 04:42 PM

President Donald Trump has appointed GOP Commissioner Caroline Pham as the acting chair of the Commodity Futures Trading Commission (CFTC), according to Bloomberg. This decision follows the resignation of Rostin Behnam on inauguration day. Pham, a junior commissioner at the CFTC, was confirmed in her new role by the commission's five members on Monday. Her appointment is seen as a strategic move to lead the swaps and derivatives regulator, with her background noted for its depth of experience and leadership on cryptocurrency issues.