Tarbert makes way for Biden’s CFTC chair, but will remain a commissioner

Heath Tarbert is no longer the chairman of the Commodity Futures Trading Commission, however he will stay one of its five commissionerIn a CFTC statement on Thursday afternoon, Tarbert followed through with his resignation, which he announced at the beginning of December. Nevertheless, it was unclear at the time whether he would stay on the commission at all.Todays announcement verified that Tarbert would remain on as a commissioner, with a term that officially ends on April 13, 2024. In noting accomplishments throughout his 18-month run as chairman of the commission, crypto handled a leading role, with the commissioner flagging his work “Promoting accountable fintech innovation, elevating LabCFTC into an independent operating unit, and beginning to treat Ether as a product.” LabCFTC is the fintech wing of the commission, which has actually expanded its activities considering that ending up being an independent office at the end of 2019. Tarbert has validated his interested in expanding crypto use in the U.S. in numerous public looks, including in an October interview with Anthony Pompliano. Title: Tarbert gives way for Bidens CFTC chair, but will stay a commissionerSourced From: cointelegraph.com/news/tarbert-makes-way-for-biden-s-cftc-chair-but-will-remain-a-commissionerPublished Date: Thu, 21 Jan 2021 20:08:39 +0000

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