Biden to nominate Christy Goldsmith Romero as FDIC chair after abrupt departure of predecessor

The announcement from the White House on Thursday came after Gruenberg’s tenure became marred by allegations of workplace abuse that led to him to resign.

A longtime financial regulator, Goldsmith Romero is currently a commissioner at the Commodity Futures Trading Commission, the nation’s financial derivatives regulator, and previously worked with the Department of Treasury. She also is a law professor at Georgetown University.