Timothy Massad

Timothy George Massad (born July 30, 1956) is an American lawyer and government official who served as the chairman of the Commodity Futures Trading Commission (CFTC) under President Barack Obama.

Massad briefly joined the staff of TARP's Congressional Oversight Panel before moving to the Office of Financial Stability as chief counsel.

His mother, Delores Jean Razook, was a homemaker, and his father, Alexander Hamilton Massad, was an executive in the oil industry, mostly at Mobil.

[4][5] He then enrolled at Harvard University, earning a bachelor's degree magna cum laude in social studies in 1978.

[4] In 1983 he helped organize a petition against permitting professors to count class participation toward students' grades.

[12] The Emergency Economic Stabilization Act of 2008 was enacted in October 2008 in response to the ongoing financial crisis.

[13] Massad became involved in TARP when he called a friend, Damon Silvers, to congratulate him on being named to the program's Congressional Oversight Panel.

[1][14] Massad took a leave of absence from Cravath from December 2008 to February 2009[9] to be a pro bono legal adviser to the panel.

[14] The next month, President Barack Obama announced he would nominate Massad to be chairman of the Commodity Futures Trading Commission, the federal agency that regulates derivatives.

[1] He was active in the anti-nuclear movement in the years before he went to law school, organizing with Donald K. Ross a large protest in Washington, D.C., on May 6, 1979, in the wake of the Three Mile Island accident.

Massad's Treasury portrait
Assistant Secretary of the Treasury for Financial Stability Massad confirms receipt of the proceeds from the sale of Treasury's final shares of AIG common stock