Banks Face Old Foe as Senate Weighs Biden’s Pick to Run FDIC
- CFTC’s Goldsmith Romero tapped to lead an agency in crisis
- Confirmation hurdles include election, congressional calendar
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As the top watchdog for the US government’s bank bailout program after the 2008 financial crisis, Christy Goldsmith Romero took a tough stance against bankers who committed fraud or abused public funds.
By the end of her decade-plus tenure at the Office of the Special Inspector General for the Troubled Asset Relief Program, the agency’s investigations had helped put more than 70 bankers in prison — a tally it highlighted in reports to Congress.