White House Picks Christy Goldsmith Romero to Lead FDIC ...Middle East

(Bloomberg) — The White House will nominate Christy Goldsmith Romero to take over as head of the Federal Deposit Insurance Corp. after a probe found credible allegations of harassment and discrimination at the bank regulator. Goldsmith Romero, a Democratic commissioner at the Commodity Futures Trading Commission since 2022, would be responsible for overhauling a workplace culture at one of the most important financial regulators in the US. Among other things, the FDIC is responsible for handling bank failures.  The FDIC chair position would be a promotion for Goldsmith Romero. Before joining the derivatives regulator, she had led government oversight of the Troubled Asset Relief Pr

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