Chairman at US SEC.
Gary Gensler is an American government official and former Goldman Sachs investment banker serving as the chair of the US Securities and Exchange Commission (SEC). Gensler previously led the Biden-Harris transition’s Federal Reserve, Banking, and Securities Regulators agency review team. Prior to his appointment, he was professor of Practice of Global Economics and Management at the MIT Sloan School of Management.
Gensler served as the 11th chairman of the Commodity Futures Trading Commission (CFTC), under President Barack Obama, from May 26, 2009, to January 3, 2014. He was the Under Secretary of the Treasury for Domestic Finance (1999–2001), and the Assistant Secretary of the Treasury for Financial Markets (1997–1999). Prior to his career in the federal government, Gensler worked at Goldman Sachs, where he was a partner and co-head of finance. Gensler also served as the CFO for the Hillary Clinton 2016 presidential campaign. President Joe Biden nominated Gensler to serve as 33rd chair of the US Securities and Exchange Commission. He succeeded SEC Acting Chair Allison Lee.
US SEC
Oct 18th, 1957
American
The Wharton School, University of Pennsylvania, MBA, 1979
The Wharton School, University of Pennsylvania, Undergraduate Degree in Economics, 1978
Maryland Financial Consumer Protection Commission, Chair, 2017-2019
MIT Sloan School of Management, Professor of the Practice of Global Economics and Management
MIT’s Fintech@CSAIL, Co-Director
MIT Media Lab Digital Currency Initiative, Senior Advisor
Commodity Futures Trading Commission, 11th Chairman, 2009-2014
Treasury for Domestic Finance, Under Secretary, 1999-2001
Treasury for Financial Markets, Assistant Secretary, 1997-1999
Nearly half of all corporate donations in the 2024 election cycle have come from crypto companies, emphasizing the sector’s growing influence in politics.
The September hearings will not only scrutinize the current state of the crypto industry but could also reshape regulations, setting the future framework for digital asset management and oversight.
Custodia Bank CEO Caitlyn Long stated that she was in discussion with several Democrats who stated that the news was false.
Renowned XRP advocate lawyer Fred Rispoli strongly believes that any regulatory concern that may arise from Ripple’s launch of the USD-backed stablecoin would create a new lawsuit.
According to Politico, Harris hasn’t taken an official position but shows openness. Her campaign’s recent engagement with crypto representatives indicates a potential policy shift.
