The Senate has confirmed two nominees to the Commodity Futures Trading Commission — Jill E. Sommers and Bart H. Chilton — bringing the agency almost up to full capacity.
Sommers was the former head of U.S. regulatory affairs at the International Swaps and Derivatives Association. Prior to that, she was the associate director of government affairs at the Chicago Mercantile Exchange. Her term will expire on April 13, 2009.
Chilton’s most recent post was chief of staff and vice president for government relations at the National Farmers Union. He also was senior advisor to former Senate Majority Leader Tom Daschle of South Dakota, and served in the Clinton administration. His term will expire on April 13, 2008.
The two will join Acting CFTC Chairman Walter Lukken and Commissioner Michael Dunn at the five-member agency. This leaves one vacancy still to be filled.
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