The White House has officially submitted President Joe Biden’s nominations for two seats on the Commodity Futures Trading Commission with the departure of another commissioner.
In the Friday announcement, the White House pointed He had sent the names of Citi CEO Caroline Pham and Summer Mersinger to the Senate for confirmation. Mersinger previously served as chief of staff for Commissioner Don Stump – who is expected to leave the agency this year – as well as director of the Office of Legislative and Intergovernmental Affairs. She and Pham will replace the recently deceased Commissioner Dan Berkowitz, whose term ends in April 2023, and Commissioner Stump, whose term ends in April 2027, respectively.
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