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Biden to nominate NYC official for key Commerce trade post

Published 09/13/2021, 03:34 PM
Updated 09/14/2021, 09:46 AM
© Reuters. FILE PHOTO: U.S. President Joe Biden delivers remarks on the Delta variant and his administration's efforts to increase vaccinations, from the State Dining Room of the White House in Washington, U.S., September 9, 2021. Picture taken September 9, 2021. RE

(This Sept. 13 story corrects Behnam title in paragraph four from acting FTC chair to acting CFTC chair)

By David Shepardson

WASHINGTON (Reuters) - President Joe Biden plans to nominate New York City's director of city planning for a key U.S. Commerce Department trade role along with nominees for nine other positions in the administration, the White House said on Monday.

Marisa Lago, who previously worked at the U.S. Treasury and Securities and Exchange Commission, will be the nominee for undersecretary for international trade. If confirmed, Lago will face a number of pressing trade issues including Canadian lumber and aluminum tariffs.

Biden also plans to nominate economist Jed Kolko as undersecretary for economic affairs at the Commerce Department, the White House said in a statement. Kolko has been chief economist at employment website Indeed.com since 2016.

The list of nominees includes three individuals to serve on the Commodity Futures Trading Commission (CFTC). Acting CFTC Chair Rostin Behnam would become permanent CFTC chair if confirmed.

The other CFTC nominees are Emory University law professor Kristin N. Johnson and Christy Goldsmith Romero, who is special inspector general for the Troubled Asset Relief Program.

Reta Jo Lewis, who served at the U.S. State Department under President Barack Obama, will be nominated to chair the U.S. Export-Important Bank of the United States.

If confirmed, Lago would also take charge of other trade programs including monitoring of steel and aluminum imports and foreign trade zones.

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