After more than seven years, today is my last day @CFTC. Big thanks to all the amazing @CFTC professionals who work tirelessly to protect investors, financial markets, and our great American economy. 1/2
It's been an honor to serve as Chairman and Commissioner, and I look forward to seeing @CFTC continue to fulfill its critical mission with purpose and integrity. 2/end.
I appreciate the hard work and dedication of my Chief of Staff, David Gillers. He’s directed the most sensitive policy and legal conversations, while still delivering on our priorities. I wish him well as he turns to new opportunities in his career.
I just submitted my letter of resignation as Chairman of the @CFTC to President Trump. It has been an honor to serve our country and the CFTC under President Biden.
Today, I announced my departure from @CFTC. After more than seven years at the U.S. Commodity Futures Trading Commission, I will be stepping down from my position as Chairman on January 20th. My final day at the Commission will be Friday, February 7th. A 🧵
I want to thank my fellow Commissioners, past and present, my leadership team, and the extraordinary CFTC staff for the privilege of serving with them. 10/
Finally, I would like to thank President Biden, Senator Stabenow, and Senator Schumer for their longstanding support. Like my predecessors before me, I will work closely with President Trump’s team to ensure a smooth and orderly transition. 11/End
On Jan. 8, join Brookings' Center on Regulation and Markets as it hosts Commodity Futures Trading Commission Chairman Rostin Behnam.
Behnam will discuss actions taken under his tenure and the future of commodities derivatives regulation.
Register->brookings.edu/events/commodi…
Misconduct in our jurisdictional markets is rarely confined, especially as these boundaries are continually being redefined by disruptive technology. 3/4
I commend our Division of Enforcement for remaining thoughtful and agile in its response to evolving markets and a growing pool of participants. Their dedication to holding accountable those who violate the Commodity Exchange Act is invaluable to the American public. 4/4