WASHINGTON, DC—Congressman Jim Himes (CT-4) released the following statement regarding the Senate’s confirmation of Timothy Massad as the new chairman of the Commodity Futures Trading Commission. Massad was confirmed by the Senate Tuesday evening by voice vote.

“I congratulate my friend and constituent Tim Massad on his confirmation to lead the CFTC. I am confident that Tim is the right choice to lead this important agency at this critical time for our economy. I look forward to working with him to fully implement the Dodd-Frank Wall Street reforms to ensure that we protect American consumers and move closer to eliminating irresponsible behavior in the financial industry.”