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Six months ago,
President Barack Obama nominated Chris Brummer, a law professor
at Georgetown University, and Brian Quintenz, an investment firm
founder who previously worked for former Republican U.S.
Representative Deborah Pryce, for five-year terms on the CFTC.
The two will face questions from members of the Senate
Agriculture Committee, which will then vote on confirming the
nominations at a separate business meeting, as prescribed by
committee rules. If approved, the nominations would go to the
full Senate.
The commission has not had a full five-member complement since
July 2014, when Commissioner Scott O'Malia resigned. Fellow
Commissioner Mark Wetjen left the agency in August 2015.
The Republican-led Congress has been slow to take up Obama's
nominations for a variety of posts. In May, the Senate Banking
Committee approved two nominees for the Securities and Exchange
Commission, more than six months after the Democratic president
put the names forward, but the full Senate has not yet voted on
them.
(Reporting by Lisa Lambert; Editing by Peter Cooney)
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