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Tarbert confirmed CFTC chairman

Heath Tarbert is acting undersecretary for international affairs in the Treasury Department.

Heath P. Tarbert has been confirmed by the Senate to be chairman and a commissioner of the Commodity Futures Trading Commission.

“I applaud the Senate’s quick, bipartisan action to confirm Dr. Tarbert to head the CFTC,” said Sen. Pat Roberts, R-Kansas. “He has the support of a range of agricultural groups, and I’m confident he will lead the CFTC well.”

Tarbert is the acting undersecretary for international affairs at the Treasury Department. He will start a five-year term July 15, according to Pensions & Investments.

President Trump nominated Tarbert. Tarbert was a partner in the global law firm Allen and Overy LLP. He previously served as special counsel to the Senate Banking Committee, as Associate Counsel to President George W. Bush, and as a law clerk to U.S. Supreme Court Justice Clarence Thomas. He served as Senior Fellow at the Harvard Law School Program on International Financial Systems. Tarbert is a member of the American Law Institute and Bretton Woods Committee. He is also a Certified Public Accountant and a Chartered Financial Analyst.

The Senate Agriculture Committee held a hearing on the nomination on March 13 and reported the nomination out of Committee on April 1. Tarbert has the support of a variety of agricultural groups.

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