Gary Gensler
Chairman, Securities and Exchange Commission
Gary Gensler was born in October 1957 in Baltimore, Maryland. He earned both a B.A. and M.B.A. from the Wharton School at the University of Pennsylvania.
He joined Goldman Sachs, where he spent 18 years. He was nominated by President Bill Clinton to be the Assistant Secretary of the Treasury for Financial Markets. He was confirmed by the Senate, serving in that position for 18 months, when President Clinton nominated him to be Under Secretary of the Treasury for Domestic Finance.
At the end of President Clinton’s administration, Gensler joined the staff of the chairman of the Senate Banking Committee as a senior advisor. He was nominated by President Barack Obama to be chairman of the Commodity Futures Trading Company, confirmed by the Senate, and served from 2009-2014. He would later serve as the chairman of the Maryland Financial Consumer Protection Commission.
Gensler has spent time as a professor of the Practice of Global Economics and Management, at MIT Sloan School of Management, and as co-director of MIT’s Fintech and Senior Advisor to the MIT Media Lab Digital Currency initiative.
He was nominated by President Joe Biden to be the Chairman of the Securities and Exchange Commission and confirmed by the Senate to a 5-year term that began April 17, 2021.
Gensler is a widower with three daughters. He is a marathon runner and avid mountain climber.
In the News…
The Securities and Exchange Commission has paused a final rule that would require companies to disclose climate-related risks after the attorneys general from nine states filed a suit with the Eighth Circuit claiming the agency is exceeding its authority.
“The Commission has determined to exercise its discretion to stay the Final Rules pending the completion of judicial review of the consolidated Eighth Circuit petitions,” the agency said in its order. “[T]he Commission will continue vigorously defending the Final Rules’ validity in court and looks forward to expeditious resolution of the litigation.”
Two other lawsuits have been filed against the rule by a total of 25 state attorneys general.
Contact this Leader…
Did you pray for Chairman Gensler today? You can let him know at:
The Honorable Gary Gensler, Chairman
Securities and Exchange Commission
100 F St. NE
Washington, DC 20549
