CFTC to Dwindle to Two Members After Goldsmith Romero Departure
The five-person Commodity Futures Trading Commission will soon be down to just two members, after Commissioner Christy Goldsmith Romero announced plans to leave the agency at the end of the month.
Goldsmith Romero, a Democrat, had already said she would step down when Brian Quintenz, President Donald Trump's nominee for CFTC chair, is confirmed. However, the Senate Agriculture Committee has yet to announce a hearing date for Quintenz, who previously helped lead regulatory policy at a16z, the crypto arm of venture capital giant Andreessen Horowitz.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Washington Post
23 minutes ago
- Washington Post
Trump calls for special prosecutor to investigate 2020 election, reviving longstanding grievance
WASHINGTON — President Donald Trump on Friday called for the appointment of a special prosecutor to investigate the 2020 election won by Democrat Joe Biden, repeating his baseless claim that the contest was marred by widespread fraud. 'Biden was grossly incompetent, and the 2020 election was a total FRAUD!' Trump said in a social media post in which he also sought to favorably contrast his immigration enforcement approach with that of the former president. 'The evidence is MASSIVE and OVERWHELMING. A Special Prosecutor must be appointed. This cannot be allowed to happen again in the United States of America! Let the work begin!'
Fast Company
25 minutes ago
- Fast Company
Kirkland's Home is closing dozens of stores in new rebrand, adding to list of retailers shutting locations in 2025
Dozens of Kirkland's Home stores will close as part of the retailer's recently announced rebranding efforts. Some existing stores will be converted to Bed Bath & Beyond Home stores as part of the transformation, the company said this week. Kirkland's will streamline its footprint by closing at least two dozen of its 313 existing Kirkland's Home stores. The company will launch its first Bed Bath & Beyond Home store in Brentwood, Tennessee, in August 2025, with five stores to follow. Pending the initial market launch, the retailer intends to open approximately 75 additional stores through 2026. The Tennessee-based retailer also plans to open its first physical Overstock store location in Nashville, with about 30 additional stores to open after the initial launch. These plans align with Kirkland's broader goal to be a multi-brand retail operator. 'By consolidating real estate and leveraging underperforming store closures to reduce excess inventory, we believe we will drive faster inventory turn and maximize return on assets,' the retailer said in a press release. 'Following the consolidation, we expect to move forward with approximately 290 of our current store locations as the foundational footprint for Kirkland's Home, Bed Bath & Beyond Home, and Overstock.' Fast Company contacted the brand to request a list of locations that will close. We will update this story if we receive a reply. Kirkland's Home rebrand reflects a broader transformation Kirkland's corporate name will officially change to The Brand House Collective pending shareholder approval at the company's next annual meeting on July 24, 2025. Its ticker symbol will also change from 'KIRK' to 'TBHC,' pending approval next month. Kirkland's CEO, Amy Sullivan, explained the intention behind the rebrand in the company news release: 'We're aligning our identity with our vision to become a multi-brand merchandising, supply chain and retail operator—and backing it with decisive actions to strengthen our foundation: reducing excess inventory, closing underperforming locations, optimizing real estate assets, and enhancing talent across the organization.' Amy Sullivan will lead as the CEO and chief merchant and creative officer of The Brand House Collective. The company announced the following additions to its corporate team: Chief Operating Officer Jamie Schisler will oversee operations. VP General Merchandising Manager of Bed Bath & Beyond Home Kerri Dlugokinski will lead all merchandising efforts. VP of Supply Chain Courtenay Adolf is responsible for global sourcing, transportation, and distribution centers. The retailer also announced changes to its board of directors. Effective June 24, 2025, appointees Eric Schwartzman, Neely Tamminga, Tamara Ward, and Steve Woodward will serve as board members. In October 2024, Kirkland's announced a strategic partnership with Beyond, Inc., which owns brands Bed Bath & Beyond, Overstock, and buybuy Baby.
Fox News
25 minutes ago
- Fox News
Foreign policy experts rip Tim Walz's claim that China has 'moral authority' in Middle East conflict
Former vice presidential nominee Gov. Tim Walz, D-Minn., is facing criticism after claiming China could be the voice of "moral authority" in the Israel-Iran conflict. During a "What's Next: Conversations on the Path Forward" event hosted by the Center for American Progress (CAP) last week, Walz responded to a question from former Biden White House advisor, Neera Tanden, about the "escalatory" nature of the strikes between the two countries. "Now, who is the voice in the world that can negotiate some type of agreement in this? Who holds the moral authority? Who holds the ability to do that? Because we are not seen as a neutral actor, and we maybe never were," Walz said of the United States' role in deescalating tensions in the Middle East. As the United States weighs striking Iran and war in the Middle East rages on, Danielle Pletka, a distinguished senior fellow in Foreign and Defense Policy Studies at the conservative think tank American Enterprise Institute (AEI), told Fox News Digital that Walz's comments are "ignorance on display." According to Walz, the United States once attempted "to be somewhat of the arbitrator" in the Middle East, but Americans must face the reality that the "neutral actor" with the "moral authority" to lead negotiations in the Middle East "might be the Chinese." Walz didn't elaborate on why China would be that world leader. "It's so staggering to me that Tim Walz was within a heartbeat of the presidency," Pletka said, before adding, "We don't need a neutral player here," and urging him to "stick to local politics." Andy Keiser, senior fellow at the conservative National Security Institute and former senior advisor on the House Intelligence Committee, told Fox News Digital that someone should "remind Governor Walz that China is far from a moral authority on much of anything," and said China is committing "cultural genocide." "The Chinese government has reportedly arbitrarily detained more than a million Muslims in reeducation camps since 2017," according to the Council on Foreign Relations (CFR). "Most of the people who have been detained are Uyghur, a predominantly Turkic-speaking ethnic group primarily in China's northwestern region of Xinjiang." In addition to the detentions, "Uyghurs in the region have been subjected to intense surveillance, forced labor, and involuntary sterilizations, among other rights abuses," according to the CFR. According to Human Rights Watch, President Xi Jinping has "detained human rights defenders, tightened control over civil society, media, and the internet, and deployed invasive mass surveillance technology" in Xinjiang and Tibet, which the human rights watchdog likened to "crimes against humanity." "I would strongly beg to differ that China has a moral authority on much in the world," Keiser said, and added, "I would not see them as a neutral arbiter here." "Obviously, we are not going to be a neutral broker between a terrorist and a democratic state," Pletka said. "That's just not how it works. You threatened to kill the President of the United States, but we're then meant to think of you in a balanced way with the state of Israel, our most important ally in the Middle East?" Israeli Prime Minister Benjamin Netanyahu told Fox News' Bret Baier on Monday that President Donald Trump remains a target of the Iranians. "They want to kill him. He's enemy No. 1." "I don't know how anybody could have said what [Walz] said about the role that China plays. The idea that there is some neutral interlocutor in this world, that anybody is an 'honest burger' is nothing other than grad school silliness," Pletka said. Pletka added that "Of course, China can't play that role. China is an authoritarian communist [state] that is supporting Russia in its war on Ukraine, that is threatening Taiwan, that has broken its word over Hong Kong." And she said, "This is not a playground in which you need somebody who can talk to both Bobby and Billy about why it is you don't smack your friends." "The idea that it should be reduced to something where you have an arbiter who sees the arguments on both sides, no. This is a situation where there's a right and a wrong, and there's a winner and a loser. That's how it should be, by the way, because Iran has fashioned itself as an enemy, not just to the state of Israel, but to the United States." Nikki Haley – former U.S. Ambassador to Israel and a 2024 GOP presidential candidate, who sounded off on China's threat to the United States on the campaign trail – was quick to criticize Walz's viral comments last week. "This is absolute insanity. Democrats think that we need the Chinese to be the negotiators between Iran's nuclear production and Israel…God bless Tim Walz. Totally tone deaf," Haley posted on X.
