Massad to replace Gensler as CFTC head, and other recent job moves

massad-obama — Timothy Massad (r) during his CFTC nomination announcement by Barack Obama

- By Jessica Meek and Lukas Becker
- 21 Nov 2013

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Massad to replace Gensler as CFTC head

Timothy Massad has been nominated as the new chairman of the US Commodity Futures Trading Commission (CFTC) by US president Barack Obama. The nomination comes as current chairman Gary Gensler prepares to step down from the role after five years.

Massad currently holds the post of assistant secretary for financial stability at the US Treasury where he oversees the Troubled Assets Relief Program (Tarp), the taxpayer-funded initiative set up in 2008 at the

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