{"id":20392,"date":"2015-04-16T23:29:37","date_gmt":"2015-04-17T03:29:37","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=20392"},"modified":"2015-04-16T23:34:00","modified_gmt":"2015-04-17T03:34:00","slug":"clinton-to-name-former-financial-regulator-as-cfo-bloomberg","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2015\/04\/16\/clinton-to-name-former-financial-regulator-as-cfo-bloomberg\/","title":{"rendered":"Clinton to name former financial regulator as CFO -Bloomberg"},"content":{"rendered":"<p><em>Reuters<\/em> &#8220;reporting&#8221; on a <em>Bloomberg<\/em> story has the article <a title=\"Reuters article\" href=\"http:\/\/in.reuters.com\/article\/2015\/04\/17\/usa-election-clinton-cfo-idINL2N0XE00Q20150417\" target=\"_blank\">Clinton to name former financial regulator as CFO -Bloomberg<\/a>.<\/p>\n<blockquote><p>Bloomberg cited in its report an unnamed Democrat familiar with the decision. Gensler, whose five-year term as the chairman of the Commodity Futures Trading Commission ended in January 2014, came to embody President Barack Obama&#8217;s push for Wall Street reforms in the trillion-dollar derivatives market.<\/p>\n<p>A one-time Goldman Sachs swaps trader, he transformed the watchdog from a relatively sleepy agriculture-focused regulator to a powerful overseer of Wall Street.<\/p>\n<p>He proved a polarizing figure with his aggressive interpretation of swaps reforms after the financial crisis, irritating both Wall Street and international counterparts.<\/p><\/blockquote>\n<p>Despite, or maybe because of, his Wall Street background, he does seem to have been an effective regulator.<\/p>\n<p>The WikiPedia article on <a title=\"Wikipedia article\" href=\"http:\/\/en.wikipedia.org\/wiki\/Gary_Gensler\" target=\"_blank\">Gary Gensler<\/a>, has pretty high praise for him.\u00a0\u00a0 I checked one of the sources referred to in the article which did not expose any holes in the WikiPedia write-up.\u00a0 You can tell that I am skeptical of Clinton&#8217;s appointees, so I will wait to hear what William Black has to say.\u00a0 Except for just fining Barclay&#8217;s bank over the Libor scandal instead of jailing the offenders according to <em>The New York Times<\/em> article <a title=\"The New York Times article\" href=\"http:\/\/dealbook.nytimes.com\/2012\/08\/12\/libor-case-energizes-gensler-and-the-c-f-t-c\/?_r=0\" target=\"_blank\">Libor Case Energizes a Wall Street Watchdog<\/a>, I can&#8217;t find anything else that Elizabeth Warren would complain about.\u00a0 That is a pretty big exception, and one of my major knocks against Eric Holder and Loretta Lynch. I just don&#8217;t know what Elizabeth Warren or William K. Black will say about his record.\u00a0 At least there is a possibility that he is really as good a guy as some people make him out to be.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8220;reporting&#8221; on a Bloomberg story has the article Clinton to name former financial regulator as CFO -Bloomberg. Bloomberg cited in its report an unnamed Democrat familiar with the decision. Gensler, whose five-year term as the chairman of the Commodity Futures Trading Commission ended in January 2014, came to embody President Barack Obama&#8217;s push for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-20392","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/20392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=20392"}],"version-history":[{"count":4,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/20392\/revisions"}],"predecessor-version":[{"id":20396,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/20392\/revisions\/20396"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=20392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=20392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=20392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}