Establishes an Office of the Chief Economist at the Commodity Futures Trading Commission.
The bill creates an Office of the Chief Economist within the Commodity Futures Trading Commission. The Chief Economist will serve as an economic advisor, conducting economic analysis, regulatory cost-benefit analysis, and research. The Office will be headed by the Chief Economist, who must be an economist, research analyst, or data specialist with expertise in relevant markets or financial regulations. The bill also includes a rule of construction to ensure that appointing a candidate to a position under this act does not convert it from the competitive service to the excepted service.
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