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CFTC Swears in New Chairman

Last week, Timothy Massad was sworn in as chairman of the CFTC.  Prior to joining the CFTC, he oversaw the Troubled Asset Relief Program while serving as the Assistant Secretary for Financial Stability at the Department of Treasury.  Prior to that, he served as a legal advisor to the Congressional Oversight Panel for the TARP program.  The Senate also confirmed two other CFTC commissioners, Sharon Bowen and J. Christopher Giancarlo, which will bring the agency back to a full set of five commissioners.