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FEDERALhearing transcript

Senate Confirmation Hearing for CFTC Commissioner Nominees

Original title: NOMINATION HEARING: ROSTIN BENHAM, OF NEW JERSEY, BRIAN D. QUINTENZ, OF OHIO, AND DAWN DEBERRY STUMP, OF TEXAS, TO BE A COMMISSIONER OF THE COMMODITY FUTURES TRADING COMMISSION

January 1, 2019

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The Frame

What this does

This hearing is a required step in the federal appointment process to fill three vacancies on the CFTC, the agency responsible for regulating U.S. derivatives markets.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Rostin Behnam

He is a nominee for a federal commissioner position subject to Senate confirmation.

Brian D. Quintenz

He is a nominee for a federal commissioner position subject to Senate confirmation.

Dawn DeBerry Stump

She is a nominee for a federal commissioner position subject to Senate confirmation.

U.S. Cattlemen's Association

The organization submitted a letter of support for the nominees, indicating interest in the agency's leadership.

What changed

Last recorded activity January 1, 2019.

What's next

Next step not available in the current record.

Summary

The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on July 27, 2017, to consider the nominations of Rostin Behnam, Brian D. Quintenz, and Dawn DeBerry Stump to serve as Commissioners of the .

Key Facts

  • The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on July 27, 2017, to review three nominees for the CFTC.
  • The nominees are Rostin Behnam (New Jersey), Brian D. Quintenz (Ohio), and Dawn DeBerry Stump (Texas).
  • The hearing included the submission of financial disclosure reports and committee questionnaires for all three nominees.
  • The Ag Coalition and the U.S. Cattlemen's Association submitted letters of support for the nominees.
  • The hearing record includes written responses to follow-up questions from Senators Roberts, Daines, Stabenow, Brown, and Gillibrand for each nominee.

Frequently Asked Questions

What is the Commodity Futures Trading Commission (CFTC)?
The CFTC is the federal agency that regulates the U.S. derivatives markets, including futures, swaps, and options.
What was the purpose of this hearing?
The purpose was to vet the qualifications of three nominees for the position of Commissioner at the CFTC before a full Senate vote.

Why It Matters

This hearing is a required step in the federal appointment process to fill three vacancies on the CFTC, the agency responsible for regulating U.S. derivatives markets.

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Multi-Nominee Confirmation

The committee attempted to move three commissioners simultaneously to address vacancies and work toward a full commission.

Connected Entities

personPat RobertsChairman of the Senate Committee on Agriculture, Nutrition, and ForestryMap →
personDawn DeBerry StumpNominee for Commissioner of the Commodity Futures Trading CommissionMap →
personDebbie StabenowRanking Member of the Senate Committee on Agriculture, Nutrition, and ForestryMap →
personRostin BehnamNominee for Commissioner of the Commodity Futures Trading CommissionMap →
personBrian D. QuintenzNominee for Commissioner of the Commodity Futures Trading CommissionMap →
organizationCommodity Futures Trading CommissionThe federal agency for which the nominees are being consideredMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance60
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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