J. Christopher Giancarlo, a member of the Commodity Futures Trading Commission with close ties to the derivatives industry, is President-elect Donald Trump’s top choice to head the U.S.’s main swaps regulator, a person familiar with the matter said.
Giancarlo, currently the CFTC’s only Republican, has been in the mix to lead the agency for weeks but his front-runner status has recently solidified. He is also expected to be named interim chairman in the coming days.