Gary Gensler Under Consideration for Deputy Treasury Secretary Role: Report
Former CFTC Chair Gary Gensler, who's leading Joe Biden's financial oversight team, may be tapped as Deputy Treasury Secretary.
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The former CFTC chairman is currently working as a financial advisor for the Biden-Harris transition team. With 55 days until his inauguration as President of the United States, Joe Biden is reportedly considering the former chairman of the Commodity Futures Trading Commission for a permanent position in his administration. According to a Nov. 25 report from CNBC, the president-elect is floating Gary Gensler for a position as Deputy Treasury Secretary starting in 2021. The report states that “people familiar with the matter” have mentioned Gensler as a likely candidate for the role. He....
“It’s something we’re studying … [T]his is really a decision which sits as much with the Fed as it does with Treasury,” said Deputy Secretary Justin Muzinich.
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking regulators will collaborate to oversee the crypto sector.
Gary Gensler: Bitcoin Is a Commodity
SEC Chairman Gary Gensler clarified his position on cryptocurrency, particularly bitcoin, in an interview with Mad Money host Jim Cramer on CNBC Monday.
“This is a highly speculative asset class. We’ve known this for a long time,” Gensler said when....
Gary Gensler has taught courses about blockchain at MIT.
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined how the SEC plans to regulate the crypto industry. Focusing on investor protection, Gensler discussed concerns the SEC has about crypto trading, exchanges, lending, defi platforms, and exchange-traded funds (ETFs). Gary Gensler Outlines SEC’s Crypto Priorities SEC Chairman Gary Gensler outlined the agency’s plans regarding the regulation of cryptocurrencies at the Aspen Security Forum Tuesday. He described: Right now, we just don’t have enough investor protection in crypto.....