Timothy Massad will replace Obama's old Jew, Gary Geisler.
No qualified gentiles were available again, as usual.
WASHINGTON — The Senate on Tuesday confirmed President Barack Obama's choice to head an agency overseeing potentially risky financial market activities.
The CFTC, which regulates futures and options markets as well as derivatives trading, oversees some of the riskiest corners of the financial world. Derivatives were blamed for fueling the financial crisis.
Massad, a Treasury Department official, will succeed Gary Gensler, a Wall Street veteran who surprised many by becoming a tough regulator who pushed for strict rules that were opposed by large banks.
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