Gary Gensler

Gary Gensler, Chair of the U.S. Securities and Exchange Commission

Gary Gensler's Background

Gary Gensler is an American government official and former Goldman Sachs investment banker. He was born on October 18, 1957. Gensler was nominated by President Joseph R. Biden to serve as Chair of the U.S. Securities and Exchange Commission (SEC) on February 3, 2021, and was confirmed by the Senate on April 14, 2021.

Gensler's First Year as SEC Chair

In a recent interview with The New York Times, Gensler reflected on his first year as SEC Chair. He said, "No one could be really prepared for a job like this, the nation's top markets regulator." Gensler has made several notable changes during his first year, including:

• Increasing enforcement actions against companies that violate securities laws
• Proposing new rules to protect investors
• Working to improve the efficiency of the SEC

Gensler has also been a vocal advocate for the use of technology to improve the financial markets. He has said, "We need to use technology to make the markets more fair, efficient, and transparent." Gensler is likely to continue to be a driving force in the financial markets in the years to come.

SEC Chair Gary Gensler Discusses the U.S. Treasury Markets

In a recent speech, SEC Chair Gary Gensler discussed the back of the $1 bill pyramid, the U.S. Treasury markets, and what that all has to do with the Securities and Exchange Commission.

Gensler explained that the Treasury market is a crucial part of the financial system. It allows the U.S. government to borrow money and finance its operations. The Treasury market also provides a safe haven for investors in times of uncertainty.

Gensler said that the SEC has a role to play in ensuring that the Treasury market is fair, efficient, and transparent. He said, "We need to make sure that the Treasury market is working for all Americans, not just a select few." Gensler is likely to continue to be a vocal advocate for the use of technology to improve the Treasury market in the years to come.