The White House plans to nominate Kristin Johnson of the Commodity Futures Trading Commission for a senior position at the U.S. Treasury Department, according to Odaily Planet Daily. Johnson's nomination announcement is expected to be released soon. The Treasury Department's Office of Financial Institutions helps formulate policies, focusing on cybersecurity, and the assistant secretary is responsible for a policy portfolio including banks, credit unions, insurance, and consumer protection. This position was previously held by Graham Steele, who left in January. In a speech earlier that month, Steele urged U.S. lawmakers to develop cryptocurrency regulatory standards.
