Timothy Massad, President Barack Obama's nominee to head the Commodity Futures Trading Commission, would lead at a pivotal time as the regulator faces pressure to implement regulations under a strained budget. However, at the Treasury Department, Massad has proved that he can handle big tasks, Ben Goad and Megan Wilson write. "I think what people are going to find with him is that he calls it like he sees it," said Mark Patterson, former Treasury chief of staff. "He's not going to come into this favoring any point of view. He'll come into it with an open mind, but he will also be a tough regulator."

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