Biden considering Gary Gensler for Deputy Treasury Secretary
Cointelegraph
Published Nov 25, 2020 07:35PM ET
Updated Nov 26, 2020 10:00PM ET
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 would be working under former Federal Reserve Chair Janet Yellen, whom Biden is reportedly planning to nominate as Secretary of the Treasury.
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Written By: Cointelegraph
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