On Nov. 10, the Biden-Harris team announced several agency review teams, including the Federal Reserve, banking and securities regulators team led by Gary Gensler. This team is charged with reviewing the following agencies: the SEC, the Commodity Futures Trading Commission, the Federal Deposit Insurance Corp., the Federal Reserve, and the National Credit Union Administration.
The choice of Gensler, as well as the range of perspectives represented on the 15-person team, indicates the potential for a forward-looking approach to the review, driven by both academic and labor-oriented points of view.
