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Obama CFTC.JPEG-026d4.jpg

President Barack Obama, flanked by outgoing Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler, left, and his nominee to become CFTC Chairman Timothy Massad, makes the announcement, Tuesday, Nov. 12, 2013, in the State Dining Room of the White House in Washington. (AP Photo/ Evan Vucci)

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MASSAD.jpg

President Obama on Tuesday will nominate Timothy Massad as chairman of the Commodity Futures Trading Commission, a White House official said. (Treasury.gov)

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Obama .JPEG-0de49.jpg

President Barack Obama walks from Marine One on the South Lawn after returning to the White House in Washington, Saturday, Nov. 9, 2013, from a trip to Florida. (AP Photo/Susan Walsh)

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phone 1.jpg

President Barack Obama talks on the phone in the Treaty Room Office in the White House residence. (Official White House Photo by Pete Souza)