Outspoken Republican Commissioner Caroline D. Pham is the acting chairman of the Commodity Futures Trading Commission (CFTC) and in that role could shake up the commodities regulator, which she thinks has strayed far from its mission. Pham takes over as Rostin Behnam, the now-former CFTC chairman, steps down following his January 7 announcement that he… Read More >>
GAO Wants to Break Down Regulatory Silos
The budget watchdog for the federal government, the General Accounting Office (GAO) wants the Congress and the President to clarify the morass of federal regulators overseeing U.S. financial markets, particularly the interactions between the Federal Reserve and the Office of Financial Research (OFR). A report on regulators was part of a larger GAO report on… Read More >>