Eleanor Terrett (@EleanorTerrett): 🚨SCOOP: The White House is considering former @CFTC commissioner Jill Sommers and NCUA chief @kylehauptman for the role of CFTC chair, a source close…
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🚨SCOOP: The White House is considering former @CFTC commissioner Jill Sommers and NCUA chief @kylehauptman for the role of CFTC chair, a source close to the process tells me. Sommers spent 10 years at @SECPaulSAtkins’ consulting firm Patomak Global Partners and the two are said to be good friends. Hauptman is the 13th chair of the National Credit Union Administration and previously served as a Senior VP at investment bank Jefferies, where he traded U.S. Treasuries and futures. Both are said to be pro-crypto. The names surface after Bloomberg reported last week the admin had restarted vetting candidates, including SEC’s @MikeSeligEsq and Treasury’s Tyler Williams, as @BrianQuintenz’s confirmation remains stalled. Semafor added this week that Milbank lawyer Josh Sterling is also in the mix.