Gary Gensler, Picked By Biden For Chair of SEC
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President Biden’s pick for the Chair of the U.S. SEC (Security and Exchange Commission) is Gary Gensler, indicating companies will need to disclose more about their political spending, climate risks, and workforce diversity in the future. On Tuesday, Mar 2, 2021, during a nomination hearing before the Senate Banking Committee, Gensler said that if he were confirmed, he will probe issues raised by the GameStop trading frenzy and its fallout.
In the video published on Mar 2, 2021, by PBS NewsHour “WATCH LIVE: Biden’s picks to lead SEC, CFPB, testify before Senate Banking committee“, below:
He ensured that retail investors are protected when using trading apps that have exploded in popularity would be a focus if the Senate confirms him to lead Wall Street’s top regulator. He spoke to Sen. Jack Reed, a Democrat from Rhode Island, during his confirmation hearing, in the video published on Mar 2, 2021, “Gensler Says Trading Apps Would Be Focus at SEC“, below:
Gathered, written, and posted by Windermere Sun-Susan Sun Nunamaker More about the community at www.WindermereSun.com
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