President Trump asked the Senate to put former Wisconsin Rep. Mark Green in change of the U.S. Agency for International Development and to formally name Christopher Giancarlo, now the acting chair, as chairman of the Commodity Futures Trading Commission. Green is former U.S. ambassador to Tanzania and a member of the board of the Millennium Challenge Corp., a U.S. foreign aid agency focusing on global poverty.
“Aid groups and U.S. development experts largely welcomed Green’s nomination — while also noting that if confirmed by the Senate, Green will face the difficult task of reconciling his stated belief in the value of U.S. development programs with service to an administration that has, through its budget proposal, deemed those programs to be outside of America’s core interests,” said Devex, which covers global development.
Giancarlo was named acting CFTC chairman on the day Trump took office. He has been a CFTC commissioner since June 2014. The White House tabbed him as its nominee for the chairmanship in March but did not send the nomination to the Senate until Tuesday. Giancarlo is expected to rein in Dodd-Frank financial reforms.