Some senators seek assurance of Massad's ability to run CFTC

11/13/2013 | Bloomberg

Certain senators are questioning whether Timothy Massad has the experience or resolve to run the Commodity Futures Trading Commission. "The CFTC does critical work, and Gary Gensler set a very high standard for the chairman position," said Sen. Elizabeth Warren, D-Mass. Meanwhile, activist groups want assurance that Massad would be tough on banks.

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