Biden nominates Obama-era regulator Gary Gensler for SEC commissioner
Second nominee, Rohit Chopra, is being tapped to lead the Consumer Financial Protection Bureau
18 January 2021 - 21:32
Washington — President-elect Joe Biden has picked a pair of veteran regulators strongly backed by progressive Democrats to lead two key Wall Street watchdogs, signalling that his administration is planning tough oversight after four years of light-touch policies under appointees of President Donald Trump.
Former Commodity Futures Trading Commission (CFTC) chair Gary Gensler will be nominated to lead the Securities and Exchange Commission and Federal Trade Commission member Rohit Chopra is being tapped to lead the Consumer Financial Protection Bureau (CFPB), Biden’s transition team said Monday...
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