Trump Likely to Make Fresh Picks to Head FDIC, CFTC
The Federal Deposit Insurance Corp. (FDIC) headquarters in Washington, DC.
Photographer: Al Drago/BloombergThis article is for subscribers only.
The Trump administration will likely choose fresh nominees to oversee the Federal Deposit Insurance Corp. and Commodity Futures Trading Commission instead of installing the current acting heads of those agencies to permanently lead the regulators, according to a person familiar with the matter.
President Donald Trump picked Travis Hill, who had been vice chairman, to serve as acting head of the FDIC on Jan. 20. Former Chairman Martin Gruenberg departed a day earlier.