President Trump has nominated Chris Pilkerton to serve as Assistant Secretary for Investment Security at the U.S. Department of the Treasury. Pilkerton, currently Acting General Counsel at the Treasury, previously served as General Counsel and Acting Administrator of the U.S. Small Business Administration. His professional background includes roles as a compliance director at JPMorgan Chase, Assistant District Attorney in Manhattan, and Senior Counsel at the U.S. Securities and Exchange Commission. He holds degrees from Fairfield University (BA), Catholic University of America (JD), and Columbia University (MPA) . The nomination was received by the Senate on June 2, 2025, and referred to the Committee on Finance .
Additionally, Jonathan Burke has been nominated as Assistant Secretary for Terrorist Financing at the Treasury Department. Burke currently serves as Citi’s Global Head of Banking Sanctions Compliance and previously worked in the Treasury’s Office of Terrorism and Financial Intelligence from 2008 to 2012. His nomination was also received by the Senate on June 2, 2025, and referred to the Committee on Banking, Housing, and Urban Affairs .  
Brian Young, who had been serving as the Director of Enforcement at the Commodity Futures Trading Commission (CFTC) since February 2025, has quit the agency after approximately four months in the role. His departure marks the second change in leadership for the CFTC’s enforcement division within a three-month period. Following Young’s exit, Paul Hayeck has been appointed as the Acting Director of the Division of Enforcement. Hayeck has served at the CFTC for 25 years and has been a deputy director in the Division of Enforcement since 2013
Sean Plankey, nominated by President Trump to lead the Cybersecurity and Infrastructure Security Agency (CISA), did not appear at his scheduled Senate confirmation hearing on June 5, 2025. His removal from the agenda was attributed to "delays in completing his FBI background check."
CISA is undergoing significant staffing reductions. Approximately one-third of its workforce—about 1,000 employees—have departed since the start of President Trump’s second term. These reductions result from a combination of voluntary buyouts, early retirements, and layoffs .
The administration’s proposed fiscal 2026 budget includes a $495 million funding cut, reducing CISA’s allocation to $2.38 billion. The budget also proposes eliminating around 1,000 positions, decreasing the workforce from 3,292 to 2,324 employees.
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