May 28, 2023

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President Biden Announces 10 Crucial Nominations

WASHINGTON – Today, President Joe Biden introduced his intent to nominate the following ten men and women to provide in key roles:

  • Rostin Behnam, Nominee for Chair and Commissioner of the Commodity Futures Investing Commission
  • Kristin Johnson, Nominee for Commissioner of the Commodity Futures Buying and selling Fee
  • Christy Goldsmith Romero, Nominee for Commissioner of the Commodity Futures Buying and selling Fee
  • Alvaro Bedoya, Nominee for Commissioner of the Federal Trade Commission
  • Reta Jo Lewis, Nominee for President and Chair of the Export-Import Financial institution of the United States
  • Jed Kolko, Nominee for Under Secretary of Commerce for Financial Affairs at the Department of Commerce
  • Maria ‘Marisa’ Lago, Nominee for Less than Secretary of Commerce for Worldwide Trade at the Office of Commerce
  • Arthur Jemison, Nominee for Assistant Secretary for Community and Indian Housing at the Division of Housing and City Growth
  • Alanna McCargo, Nominee for President of the Govt Nationwide Home finance loan Association at the Section of Housing and Urban Advancement
  • Elaine Trevino, Nominee for Chief Agricultural Negotiator at the United States Trade Consultant

Rostin Behnam, Nominee for Chair and Commissioner of the Commodity Futures Trading Commission

Rostin Behnam joined the Commodity Futures Trading Fee (CFTC) in 2017 as a Commissioner, and considering that January 2021 has served as the Performing Chairman. Throughout his tenure, Behnam has fostered community and personal partnerships to assure that the derivatives markets function transparently and pretty and innovate responsibly while addressing new and emergent hazards. Behnam prioritizes safeguarding shopper protections, examining opportunity systemic marketplace hazard, and partaking in general public dialog on globally important difficulties such as local weather-associated money industry risk, fascination level benchmark reform, range, equity, and inclusion in the economic marketplaces, and the rise of retail participation in emerging marketplaces.

In 2019, Behnam spearheaded the establishment of the CFTC’s Industry Risk Advisory Committee’s Local climate Linked Market place Danger Subcommittee. He asked for the September 2020 report Taking care of Weather Threat in the U.S. Fiscal Method, the initial of-its-type effort and hard work from a U.S. government entity. Behnam earlier served as senior counsel to U.S. Senator Debbie Stabenow of Michigan, Chairwoman of the U.S. Senate Committee on Agriculture, Nourishment, and Forestry, practiced legislation in New York City, and worked at the New Jersey Place of work of the Lawyer General inside the Bureau of Securities. Behnam attained an A.B. from Georgetown College and a J.D. from the Syracuse College College of Legislation.

Kristin Johnson, Nominee for Commissioner of the Commodity Futures Trading Commission

Kristin N. Johnson is the Asa Griggs Candler Professor of Regulation at Emory University College of Regulation. She works on fiscal marketplaces risk management law and policy with specialization in the regulation of complicated money items which include the origination, distribution, and secondary marketplace investing, clearing, and settlement of securities and derivatives.  She has lectured at law universities through the United States and revealed on money marketplaces regulation. She is an elected member of the American Law Institute, an American Bar Foundation Fellow, and Chair-Elect of the Securities Regulation Area of the Affiliation of American Legislation Universities. Before signing up for Emory, Kristin served as an Affiliate Dean and McGlinchey Stafford Professor of Law at Tulane College Law College.

Prior to her academic appointments, Kristin practiced regulation agency in New York Metropolis advising domestic and global consumers on varied financial transactions. Immediately after attending the University of Michigan Regulation Faculty the place she served as an editor of the Michigan Legislation Evaluate, she clerked for the Honorable Joseph A. Greenaway, Jr. of the District Courtroom of New Jersey, elevated to the Third Circuit Court docket of Appeals. She is a graduate of the Walsh School of Foreign Support at Georgetown University. 

Christy Goldsmith Romero, Nominee for Commissioner of the Commodity Futures Investing Fee

Christy Goldsmith Romero is the Specific Inspector Standard for the Office of the Unique Inspector Normal for the Troubled Asset Aid System (SIGTARP).  Ms. Goldsmith Romero was nominated as Particular Inspector Normal by President Barack Obama on February 1, 2012 and verified by the United States Senate on March 29, 2012.  In that position, she sales opportunities an impartial office conducting investigations and audits of federal courses designed in reaction to the monetary disaster.  Considering the fact that 2019, Ms. Goldsmith Romero has also served as an adjunct professor of law at Georgetown College Regulation Heart and University of Virginia Legislation School, educating programs in securities regulation, cryptocurrency regulation, and federal oversight.

Ms. Goldsmith Romero earlier served in various roles at SIGTARP, and at the U.S. Securities and Exchange Commission (SEC).  She served as counsel to SEC Chairman Mary Schapiro and Chairman Christopher Cox, and as an attorney in the SEC Division of Enforcement.  Prior to signing up for the SEC, Ms. Goldsmith Romero was a litigator at the legislation firms of Akin Gump Strauss Hauer & Feld Snell & Wilmer and Jenner & Block. She also served a federal judicial clerkship. Ms. Goldsmith Romero gained a B.S. in small business from Old Dominion College and a J.D. from Brigham Youthful University Regulation College.

Alvaro Bedoya, Nominee for Commissioner of the Federal Trade Commission

Alvaro Bedoya is the founding director of the Center on Privateness & Know-how at Georgetown Law, exactly where he is a checking out professor of regulation. His research and advocacy aim on the concept that privateness is for anyone. His exposés on the harms of confront recognition technologies have served usher the passage of facial area recognition limitations across the place, led the Nationwide Institute of Benchmarks & Technological innovation to conduct the first comprehensive bias audit of face recognition algorithms, and paved the way for a federal regulation requiring bias tests in airport confront recognition devices, section 1919 of the FAA Reauthorization Act of 2018. He also co-led a coalition that efficiently pressed an World-wide-web giant to drop ads for on-line payday loans, which had been usually served in reaction to lookups like “I want revenue to fork out rent” or “I want cash for groceries.” Earlier, Bedoya served as the first main counsel to the U.S. Senate Judiciary Subcommittee on Privacy, Technological innovation and the Law upon the subcommittee’s creation in 2011. As a Senate staffer, Bedoya drafted bipartisan legislation to guard victims of sexual assault, carried out oversight hearings of technologies corporations, and aided negotiate and draft bipartisan laws to rein in the Nationwide Security Agency. 

A naturalized citizen born in Peru, Bedoya co-started the Esperanza Education and learning Fund, a standing-blind college or university scholarship that has awarded around $1 million to immigrant and initial-generation learners in Maryland, Virginia, and the District of Columbia. He at present serves on the Board of Directors of CASA and CASA in Action. A graduate of Harvard College or university and Yale Legislation Faculty, Bedoya life in Rockville, Maryland with his wife, Dr. Sima Zadeh Bedoya, a pediatric psychologist at the Countrywide Institutes of Health’s National Cancer Institute. They have two toddlers. 

Reta Jo Lewis, Nominee for President and Chair of the Export-Import Bank of the United States

Reta Jo Lewis has more than 25 years of management encounter in intercontinental affairs, legal, community plan, enterprise and regulatory affairs, and subnational diplomacy. She is a Senior Fellow and Director of Congressional Affairs at the German Marshall Fund of the United States (GMF).At GMF, Lewis potential customers and oversees initiatives, systems, and bipartisan exchanges for associates of the U.S. Congress and their European counterparts. She joined GMF in 2015 as a Senior Resident Fellow with the Transatlantic Leadership Plan, the place she targeted on leadership progress and subnational diplomacy efforts.  She founded and prospects GMF’s Gals of Coloration in Transatlantic Leadership Program.  Prior to signing up for GMF, she served as the very first-at any time Specific Representative for World wide Intergovernmental Affairs under Secretary Hillary Clinton at the U.S. Office of Condition for the duration of the Obama-Biden Administration. As Specific Consultant, Lewis was the main diplomat in charge of the global attempts tobuild and aid strategic interactions involving the U.S. Section of State, state and nearby leaders, and their foreign counterparts. In 2013, she was awarded the Secretary’s Distinguished Services Award.

Prior to becoming a member of the Point out Division, Ms. Lewis was Of Counsel at Edwards Angell Palmer & Dodge LLP.  Previous lawful knowledge includes serving as a Shareholder at one of the biggest worldwide law companies, Greenberg Traurig LLP. Her authorized observe centered on delivering strategic company, legal, and consulting counsel to the firms’ organization, public finance, regulatory, and state and neighborhood clientele. Ms. Lewis was the 1st African-American female to provide as Vice President and Counselor to the President at the U.S. Chamber of Commerce. She led the Chamber’s initiatives concentrated on fostering strategic alliances among modest organizations, specifically gals- and minority-owned firms, business people, and executives. Prior to her tenure at the Chamber, she was Exclusive Assistant for Political Affairs to President Monthly bill Clinton. She is a Lifestyle Member of the Council on Foreign Relations and Member of the Board of the Leadership Council for Girls in Countrywide Protection. Ms. Lewis obtained a J.D. from Emory College College of Law, an M.S.A.J. from American University, and a B.A. from the University of Georgia. She is a native of Statesboro, Georgia.

Jed Kolko, Nominee for Less than Secretary of Commerce for Financial Affairs at the Division of Commerce

Jed Kolko has been Main Economist at Without a because 2016. He was Chief Economist and VP of Analytics at Trulia from 2011 to 2015. He is on the board of directors of the National Affiliation for Business enterprise Economics and the California Funds and Plan Center.
He has also held research positions at the General public Policy Institute of California, Forrester Study, the Office of Federal Housing Organization Oversight (now FHFA), the Earth Bank, and the Progressive Plan Institute. He incorporates proprietary and public data into investigate that is accessible and actionable for a large array of audiences. His study spans employment, housing, community economic progress, and technologies issues. He attained his A.B. in social studies and his Ph.D. in economics at Harvard University.

Maria ‘Marisa’ Lago, Nominee for Underneath Secretary of Commerce for Intercontinental Trade at the Department of Commerce

Marisa Lago serves as the Director of the NYC Department of Metropolis Scheduling and Chair of the Town Organizing Commission. Lago beforehand served in the Obama Administration as the U.S. Division of the Treasury’s Assistant Secretary for International Markets and Progress. In this capability, she oversaw the U.S. government’s abroad growth routines with the Environment Financial institution and its regional counterparts. In addition, she directed Treasury’s portfolio on worldwide economic providers regulation, local weather finance, trade in financial services, and specialized help to building international locations on public economic administration.  

Through her job in general public service, Lago headed the Office environment of International Affairs for the U.S. Securities and Exchange Commission served as the President and Main Government Officer of NYS Empire Condition Enhancement and was Boston’s Main Financial Advancement Officer.  In the non-public sector, Lago put in 5 yrs as the Global Head of Compliance for Citigroup’s company and financial investment lender.  Lago attained a J.D. cum laude from Harvard Legislation School, and a B.S. in physics from Cooper Union.

Arthur Jemison, Nominee for Assistant Secretary for Community and Indian Housing at the Department of Housing and City Advancement

James Arthur Jemison II (Arthur) is at the moment the Principal Deputy Assistant Secretary for the Office of Neighborhood Preparing and Development at HUD. Mr. Jemison joined HUD in January 2021 from the Town of Detroit, wherever he was Team Govt for Preparing, Housing & Progress, top the City’s enhancement agenda, operating in partnership with Administrators of the Housing & Revitalization Department, the Arranging & Development Division, the Detroit Land Bank Authority, Detroit Housing Fee (Public Housing Authority). In early 2014, he served as Director of the new Housing & Revitalization Division for the Town of Detroit  as the Town recovered from individual bankruptcy.  Prior to coming to Detroit, Mr. Jemison served as Deputy Undersecretary and Deputy Director for the Department of Housing and Community Advancement( for the Commonwealth of Massachusetts beneath Governor Deval Patrick. Prior to that, Mr. Jemison held a assortment of community- and personal-sector leadership positions in arranging, growth and general public housing, generally in Massachusetts and the District of Columbia.

Mr. Jemison has a Bachelor of Arts degree, cum laude in Social Considered and Political Economy from the College of Massachusetts at Amherst. He also holds a Grasp of City Arranging degree from the Massachusetts Institute of Technology, in which he was a Public Coverage and International Affairs (PPIA) Fellow. Jemison lives in Michigan with his wife, two sons and a daughter.

Alanna McCargo, Nominee for President of the Authorities Countrywide Home loan Affiliation at the Section of Housing and Urban Progress

Alanna McCargo at this time serves as Senior Advisor for housing finance in the Section of Housing & City Progress (HUD). Her job in housing spans a long time and has centered on how America’s housing finance technique can equitably present credit score and funds to homes and economical housing stakeholders. She joined the Biden-Harris Administration after serving as Vice President of the Housing Finance Policy Heart at the City Institute, a social and economic policy analysis agency wherever she led and formulated study programming in collaboration with essential housing marketplace, nonprofit, and government agencies to assist housing policy study. She formulated a system of perform targeted on decreasing racial homeownership gaps, escalating housing affordability, and cutting down boundaries to accessing credit and money. McCargo also served as Govt Director of the House loan Servicing Collaborative, a cross-sector initiative that determined and formulated coverage tips for mortgage servicing and securitization reforms to permit a far more stable housing finance procedure.

Before joining the City Institute, McCargo held roles as Vice President and Head of Governing administration Remedies with CoreLogic, a home and mortgage details analytics organization, and as Vice President with JP Morgan Chase’s Household Lending division. Earlier, McCargo put in a ten years at Fannie Mae, wherever she led plan progress and secondary mortgage current market plans and experienced management roles on key company initiatives. From 2008 via 2012 she served as Senior Director of Servicing Portfolio Administration and performed a central part in the partnership with the US Division of Treasury in executing the Emergency Financial Stabilization Act of 2008. She was instrumental in foreclosure prevention endeavours, bank loan restructuring, and distressed asset management packages. She was a chief in the work with the Federal Housing Finance Agency on Fannie Mae and Freddie Mac mortgage loan servicing alignment initiatives. She has a BA from the University of Houston and an MBA from the College of Maryland. She at the moment resides in Virginia with her spouse.

Elaine Trevino, Nominee for Main Agricultural Negotiator at the United States Trade Agent

Elaine Trevino is the President of the Almond Alliance of California (AAC), a member-based trade association that advocates on regulatory and legislative troubles in locations of international trade, food items security, water excellent and availability, crop security, air excellent, employee protection, source chain and feed excellent. As the chief of an corporation that advocates for California’s leading agricultural export, Elaine understands tariff and nontariff obstacles to trade and the great importance of sustaining America’s strong trade agreements and global positioning. Elaine has worked on advocating for funding for COVID-19 aid, addressing retaliatory tariffs, climate smart farming, public non-public partnerships for opening new markets and strengthening existing marketplaces and addressing complex sanitary and phytosanitary obstacles. Elaine functions at the area and federal degrees on addressing port congestion, source chain disruptions and extreme prices.

Elaine served as a Deputy Secretary at the California Department of Food items and Agriculture for Governor Arnold Schwarzenegger and Governor Gray Davis.  She was liable for the oversight of the intercontinental export and trade packages, specialty crop block grant funding, division of marketing expert services, plant wellbeing and pest prevention and the statewide county honest network. Elaine serves on USDA’s Agricultural Policy Advisory Committee (APAC).  Born and elevated in the Central Valley of California, Elaine has a extensive historical past of neighborhood support and has a great regard for agriculture and the value of the market to the in general overall economy. She gained her undergraduate degree from the College of California Berkeley and attended the John F. Kennedy Faculty of Federal government. Elaine and her household now reside in Sacramento, California.