Book Timothy Massad

Chairman, Commodity Futures Trading Commission

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Timothy Massad Bio

Timothy Massad was sworn in as chairman of the Commodity Futures Trading Commission on June 5, 2014, after being confirmed by the U.S. Senate as chairman and commissioner of the CFTC.Previously, Massad was nominated by President Obama and confirmed by the U.S. Senate as the assistant secretary for financial stability at the U.S. Department of the Treasury. In that capacity, he oversaw the Troubled Asset Relief Program (TARP), the principal U.S. governmental response to the 2008 financial crisis designed to help stabilize the economy and provide assistance to homeowners. Under TARP, the Treasury’s investments in financial institutions, the credit markets and the auto industry prevented the economy from falling into a depression. Massad was responsible for the day-to-day management and recovery of TARP funds, and during his tenure, the Treasury recovered more on all the crisis investments than was disbursed.Prior to joining the Treasury, Massad served as a legal advisor to the Congressional Oversight Panel for the Troubled Asset Relief Program, under the leadership of (now Sen.) Elizabeth Warren. He assisted the panel in its first report evaluating the investments made by the Treasury under TARP.Prior to his government service, Massad was a partner in the law firm of Cravath, Swaine & Moore, LLP. Massad had a broad corporate practice with a focus on corporate finance and financial markets. He helped draft the original standardized agreements for swaps and helped many businesses negotiate and execute transactions to hedge exposures in the commodities and derivatives markets.Massad earned his bachelor’s and law degrees at Harvard. He was born in New Orleans, Louisiana, and also lived in Texas, Oklahoma and Connecticut as a child. He and his wife, Charlotte Hart, live in Washington with their two children.Contact a speaker booking agent to check availability on Timothy Massad and other top speakers and celebrities.

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