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Giancarlo Said to Be Trump’s Leading Choice for CFTC Chair

  • Commissioner with ties to swaps firms could be nominated soon
  • If picked, Giancarlo expected to help roll back some rules
Updated on

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.