The next head of Commodity Futures Trading Commission (CFTC)
is expected to be one of the two existing commissioners,
sources told FO Week.
Many in Washington widely expect either Walt Lukken or
Sharon Brown-Hruska to be named as acting chairman of the
agency in the coming days or weeks. Both commissioners are said
to be interested in taking the post. Neither returned calls
seeking comment. Former chairman Jim Newsome, was expected to
wrap up his exit from the commission at the end of last week
(23 July), ahead of taking up the presidency of New York
Mercantile Exchange in August.
Officials from the offices of several senators told FO
Week there has been no word about when a decision would be
made on the acting chairman's post. A spokesperson for
Mississippi Republican Senator Thad Cochran, chairman of the
Senate Agriculture, Nutrition and Forestry Committee which
oversees the CFTC, said there has been no indication given
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