CFTC Commissioner Jill Sommers, who is famous for voting in favor of TBTF bankers interests nearly 100% of the time has just announced her resignation from the CFTC.
In other news, The Vampire Squid and The Morgue are duking it out vying for an alumni to replace Sommers.
Full statement below:
From the CFTC:
Commissioner Jill Sommers Announces her Resignation
Washington, DC – Today, Commissioner Jill Sommers made the following statement:
“As I prepare to leave the Commodity Futures Trading Commission I would like to acknowledge the hard work and dedication of my fellow Commissioners and the many talented staff with whom I have had the pleasure of working for the past five years. While many challenges remain in finalizing the implementation of the Dodd-Frank Act, I have every confidence that the American public will be well-served by their continuing efforts.”
Last Updated: January 24, 2013