Eurex denies appointment is unfavourable
President George Bush nominated Reuben Jeffery to become the
next chairman of Commodity Futures Trading Commission (CFTC) on
Pending Senate approval, Jeffery - a Republican - will
succeed acting chairman Sharon Brown-Hruska, who has led the
agency since Jim Newsome left the post last July to take a
position as president of New York Mercantile Exchange (Nymex).
Jeffery will serve out the remainder of a five-year term that
ends 13 April 2007.
He has been serving as special assistant to the president
and a senior director for international economic affairs at the
White House's National Security Council. He also worked for
Goldman Sachs in several offices outside the US, including
London and Paris.
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