Gary Gensler

Gary Gensler
Official portrait, 2022
33rd Chair of the Securities and Exchange Commission
Assumed office
April 17, 2021
PresidentJoe Biden
Preceded byAllison Lee (Acting)
Commissioner of the U.S. Securities and Exchange Commission
Assumed office
April 17, 2021
PresidentJoe Biden
Preceded byJay Clayton
11th Chair of the Commodity Futures Trading Commission
In office
May 26, 2009 – January 3, 2014
PresidentBarack Obama
Preceded byReuben Jeffery III
Succeeded byTimothy Massad
Under Secretary of the Treasury for Domestic Finance
In office
April 1999 – January 20, 2001
PresidentBill Clinton
Preceded byJohn Hawke
Succeeded byPeter Fisher
Assistant Secretary of the Treasury for Financial Markets
In office
September 1997 – April 1999
PresidentBill Clinton
Preceded byDarcy Bradbury
Succeeded byLee Sachs
Personal details
Born (1957-10-18) October 18, 1957 (age 67)
Baltimore, Maryland, U.S.
Political partyDemocratic
Spouse
(m. 1986; died 2006)
Children3
EducationUniversity of Pennsylvania (BS, MBA)

Gary S. Gensler (born October 18, 1957) is an American government official and former investment banker served as the chair of the U.S. Securities and Exchange Commission (SEC).[1] Gensler previously worked for Goldman Sachs and has led the Biden–Harris transition's Federal Reserve, Banking, and Securities Regulators agency review team.[2] Prior to his appointment, he was professor of Practice of Global Economics and Management at the MIT Sloan School of Management.[3]

Gensler served as the 11th chairman of the Commodity Futures Trading Commission, 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.[4] President Joe Biden nominated Gensler to serve as 33rd chair of the U.S. Securities and Exchange Commission.[5] He succeeded SEC Acting Chair Allison Lee.

  1. ^ "Gary Gensler". SEC.gov. Retrieved September 15, 2021.
  2. ^ "Agency Review Teams". President-Elect Joe Biden. Archived from the original on November 10, 2020. Retrieved November 13, 2020.
  3. ^ Dizikes, Peter (January 19, 2021). "MIT Sloan's Gary Gensler to be nominated for chair of Securities and Exchange Commission". MIT. MIT News. Retrieved November 27, 2022.
  4. ^ "The Problem With Hillary Clinton Using a Progressive Hero to Attack Bernie Sanders". Archived from the original on January 27, 2016. Retrieved January 22, 2016.
  5. ^ "President-elect Joe Biden to name Gary Gensler as U.S. SEC chair, sources say". CNBC. January 12, 2021. Archived from the original on January 13, 2021. Retrieved January 12, 2021.