Saturday, 25 April 2015
Last updated 1 day ago
Jun 4 2014 | 8:38am ET
The U.S. Senate yesterday confirmed former Treasury Department official Timothy Massad as head of the Commodity Futures Trading Commission, while also approving two other nominees to the regulator.
Massad and Republican nominee J. Christopher Giancarlo were confirmed by voice vote. Former Latham & Watkins lawyer Sharon Bowen was approved by a narrow two-vote margin amidst opposition from Republicans and some Democrats.
The CFTC has been operating with just two members since March, when commissioner Bart Chilton stepped down. Former CFTC Chairman Gary Gensler’s term expired at the beginning of the year; Massad was nominated to the post in November.
Massad led the Troubled Asset Relief Program bailout for three years before his nomination. A lawyer formerly at Cravath Swain & Moore, he was previously senior legal adviser to the Congressional Oversight Panel.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…