Biden’s SEC, CFPB Picks Set for Confirmation Hearing on March 2
- Gensler, Chopra set to testify before Senate Banking Committee
- SEC pick previously led Commodity Futures Trading Commission
Gary Gensler in 2013.
Photographer: Andrew Harrer/Bloomberg
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President Joe Biden’s nominees to lead the Securities and Exchange Commission and Consumer Financial Protection Bureau are set to testify before the U.S. Senate next week, moving the new administration one step closer to implementing its approach to regulating Wall Street.
Former Commodity Futures Trading Commission Chairman Gary Gensler, the pick to lead Wall Street’s top regulator, and Federal Trade Commission member Rohit Chopra, the selection for CFPB, will testify virtually before the Senate Banking Committee at 10 a.m. on March 2, according to the panel’s website.