J. Christopher Giancarlo emphasized his commitment to robust enforcement of applicable laws, swaps reform enacted as part of the Dodd Frank Wall Street Reform and Consumer Protection Act, and reviewing Commodity Futures Trading rules to apply them “in ways that are simpler, and less burdensome” during his confirmation hearing last week before the US Senate Committee on Agriculture, Nutrition and Forestry. Mr. Giancarlo was nominated by President Donald Trump to serve as chairman of the CFTC on March 14. Separately, Sharon Bowen announced her intent to resign as a commissioner from the CFTC within the next few months or sooner if another nominee is confirmed. Ms. Bowen began serving as commissioner on June 9, 2014; she was appointed to a five-year term by then-President Barack Obama.