Biden Nominates Christy Goldsmith Romero to Lead FDIC

Goldsmith Romero, with a strong background in financial enforcement, is set to replace Martin Gruenberg amid calls for reform.

Christy Goldsmith Romero has been a CFTC commissioner and former Special Inspector General for the Troubled Asset Relief Program.
Her nomination follows an investigation revealing widespread misconduct at the FDIC under Martin Gruenberg's leadership.
Goldsmith Romero has a history of taking strong actions against financial misconduct, including cases against major banks.
The nomination comes at a critical time with the Senate narrowly divided and elections approaching.
The White House also announced Kristin Johnson for a key Treasury Department role.