Share this article
Gary Gensler Named as Joe Biden's SEC Chair Pick
The former CFTC chairman has taught courses about blockchain at MIT.
Updated Sep 14, 2021, 10:57 a.m. Published Jan 18, 2021, 3:16 p.m.
President-elect Joe Biden named Gary Gensler as his pick for chairman of the U.S. Securities and Exchange Commission (SEC) on Monday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Gensler is the former chairman of the Commodity Futures Trading Commission (CFTC) and a Wall Street veteran who has closely studied the cryptocurrency field.
- Gensler has also been a part of Biden's transition team, overseeing financial policy work.
- Former SEC Chairman Jay Clayton left the role on Dec. 23. Elad Roisman was appointed acting SEC chairman by outgoing President Donald Trump for the remainder of his administration.
- Also on Monday, the Biden administration announced Rohit Chopra as the director of the Consumer Financial Protection Bureau. Chopra currently holds the commissioner position at the Federal Trade Commission.
- Chopra has publicly criticized libra, the Facebook-led cryptocurrency project that has since been renamed diem.
Advertisement
More For You
More For You
Top Stories
