White House set to nominate CFTC Commissioner Johnson to Treasury role: Bloomberg

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White House set to nominate CFTC Commissioner Johnson to Treasury role: Bloomberg
CFTCTreasury Department
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The White House is set to nominate CFTC's Kristin Johnson to a top position at the U.S. Treasury Department.

The White House is set to nominate Commodity Futures Trading Commission's Kristin Johnson to a top position at the U.S. Treasury Department , Bloomberg reported on Thursday.

The announcement of Johnson's nomination is expected to be made public soon, Bloomberg reported citing people who asked for anonymity to speak on the topic. Johnson did not immediately respond to a request for comment from The Block. The position was previously held by Graham Steele, who left the role in January, according to multiple news reports. In a speech earlier that month, Steele urged U.S. lawmakers to develop standards to regulate crypto.

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