{"id":120556,"date":"2020-11-26T03:35:05","date_gmt":"2020-11-26T00:35:05","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/biden-considering-gary-gensler-for-deputy-treasury-secretary\/"},"modified":"2020-11-26T03:35:05","modified_gmt":"2020-11-26T00:35:05","slug":"biden-considering-gary-gensler-for-deputy-treasury-secretary","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/biden-considering-gary-gensler-for-deputy-treasury-secretary\/","title":{"rendered":"# Biden considering Gary Gensler for Deputy Treasury Secretary"},"content":{"rendered":"<p>&#8220;<strong># Biden considering Gary Gensler for Deputy Treasury Secretary <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTEvMTU3OWRhY2EtNDNhOC00YTcxLTgxNzItYWFjMGI0OTA5ZGQ5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>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.\u00a0<\/p>\n<p>According to a Nov. 25 report from CNBC, the president-elect is <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2020\/11\/25\/joe-biden-considers-roger-ferguson-to-lead-nec-gary-gensler-deputy-treasury-secretary.htm\">floating<\/a> Gary Gensler for a position as Deputy Treasury Secretary starting in 2021. The report states that \u201cpeople familiar with the matter\u201d 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.<\/p>\n<p>Yellen and Gensler have expressed significantly different views on digital assets and blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> during their careers. Gensler is currently a senior advisor at the MIT <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Media<\/a> Lab\u2019s Digital Currency Initiative, which conducts research on blockchain and digital currency with a goal of facilitating development and adoption of the technology. However, Yellen has been critical of crypto in the past, calling Bitcoin &#8220;anything but useful&#8221; in the months following the 2017 bull run. <\/p>\n<p>Gensler served as chairman for the Commodity Futures Trading Commission, or CFTC, under President Barack Obama from 2009 until 2014, and is currently acting as a financial advisor on the Biden-Harris transition team. He was known as a stringent regulator during his time as CFTC head, overseeing reforms to the $400 trillion financial derivatives market.<\/p>\n<p>Advisors to the President-elect have reportedly said they will be announcing candidates for additional positions starting next week.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"consulting_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/biden-considering-gary-gensler-for-deputy-treasury-secretary\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Biden considering Gary Gensler for Deputy Treasury Secretary &#8221; 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.\u00a0 According to a Nov. 25 report from CNBC, the president-elect is floating&#8230;<\/p>\n","protected":false},"author":1,"featured_media":120557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-11\/1579daca-43a8-4a71-8172-aac0b4909dd9.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75422,75269,71511,32681,70934,67874],"class_list":["post-120556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cftc","tag-us-government","tag-government","tag-politics","tag-regulation","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/120556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=120556"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/120556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/120557"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=120556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=120556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=120556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}