Obama nominates O'Malia for Republican CFTC seat

摘要

New York-Scott O'Malia has been nominated once again to fill a Republican seat on the US Commodity Futures Trading Commission, this time by a Democratic president. O'Malia had been nominated last year by George W. Bush to fill a vacancy on the CFTC. But Senator Maria Cantwell (Democrat-Michigan) used her senatorial privilege to block the O'Malia nomination, citing her unhappiness with the CFTC for not doing more to block what she believed was excessive speculation in oil markets.