Heath Tarbert, Chairman of the Commodity Futures Trading Commission (CFTC), has resigned from office.
The news comes as US President Joe Biden selects his lead candidate to head the federal commodities regulator.
Brummer is the front runner at the CFTC hot seat
The CFTC Democratic Commissioner Rostin Behnam is taking over the position for the time being. According to Reuters The academic sources Chris Brummer is supposed to replace Tarbert.
Brummer is currently …