Biden Said to Pick Behnam as Top U.S. Derivatives Regulator

Biden Said to Pick Behnam as Top U.S. Derivatives Regulator

From bnnbloomberg.ca

President Joe Biden plans to name Rostin Behnam to lead the U.S. Commodity Futures Trading Commission, which oversees much of the $582 trillion global derivatives market including cryptocurrency trading, according to people with knowledge of the matter. The White House recently selected Behnam, who’s been leading the agency on an interim basis since January, according to the people who weren’t authorized to speak publicly. The timing of an announcement is still weeks away, the people said. The pick would end months of speculation over who will oversee the Wall Street regulator that’s become significantly more ... (full story)

The cloud on the horizon, or the canary in the coal mine?

- Older Stories
EURUSD Forecast – $1.17200 Is a Breakpoint
From getknowtrading.com|Aug 14, 2021|1 comment
The week behind has shown bears breakout below previous day candles lows which led the price to $1.17200 support level. Week started with small bearish candles and on Wednesday ...
Mortgage pricing and monetary policy
From bankofengland.co.uk|Aug 14, 2021
In the aftermath of the 2007-09 financial crisis, central banks around the world have sought to stimulate the economy through new policies specifically designed to revamp the ...
Colombian Hawks at Risk of Coming Too Late to Prop Up the Peso
From bnnbloomberg.ca|Aug 13, 2021
Colombia’s central bank has its work cut out for it if officials want to put a floor under one of the world’s worst-performing currencies this year. The Colombian peso offers ...

- Newer Stories
7.0 magnitude earthquake hits off the coast of Haiti
From apnews.com|Aug 14, 2021
A 7.0 magnitude earthquake struck off the coast of Haiti on Saturday, the U.S. Geological Survey said. The epicenter of the quake was 12 kilometers (7.5 miles) northeast of ...
Taliban approach Kabul’s outskirts, attack north Afghan city
From apnews.com|Aug 14, 2021
The Taliban seized two more provinces on Saturday and approached the outskirts of Afghanistan’s capital while also launching a multi-pronged assault on a major northern city ...
Nobody running Lebanon, says central bank boss
From kfgo.com|Aug 14, 2021
Lebanon’s central bank governor said nobody was running the country as he defended his decision to halt fuel subsidies that have drained currency reserves, saying the government ...