Joe Biden considers Roger Ferguson to lead National Economic Council, Gary Gensler for Deputy Treas

[sabra]

Source: CNBC

President-elect Joe Biden is considering TIAA CEO Roger Ferguson to be his National Economic Council director and former Commodity Futures Trading Commission chairman Gary Gensler as Deputy Treasury secretary, according to people familiar with the matter.

Ferguson was being considered for Treasury secretary and Gensler is currently a team leader of Biden’s transition agency review team. Gensler is leading a team reviewing the Federal Reserve and the Commodity Futures Trading Commission, among others. Biden is set to select former Federal Reserve Chair Janet Yellen as Treasury secretary.

Ferguson recently announced he intends to retire from TIAA in March. He has experience as vice chairman of the Board of Governors of the Federal Reserve.

Another name being floated for a top economic policy post is Kenneth Chenault, the former CEO of American Express, the sources added. They declined to be named as these deliberations have been made in private.

Read more: https://www.cnbc.com/2020/11/25/joe-biden-considers-roger-ferguson-to-lead-nec-gary-gensler-deputy-treasury-secretary.html?__source=sharebar|twitter&par=sharebar

[MFM008]

1. i havent heard of any of these people

except John Kerry.
I suppose that's a good thing.

[elleng]

3. Gensler's 'well known.'

Gensler previously 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 public service career, Gensler worked at Goldman Sachs, where his last position was that of Co-head of Finance. He was the chief financial officer for Hillary Clinton's presidential campaign.[3]

https://en.wikipedia.org/wiki/Gary_Gensler

[TexasTowelie]

2. I wonder if this report is any more accurate thanwhat I posted last night:

BlackRock Executive Brian Deese Could Get Major White House Position
https://www.democraticunderground.com/100214617257

That post indicated Deese was in the running for head of the NEC.