Biden mulls Ferguson, Gensler, Chenault for top economic roles: CNBC - Business Insider

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Biden is reportedly considering Roger Ferguson, Gary Gensler, and former American Express CEO Kenneth Chenault for top economic policy positions

John Lamparski, Chip Somodevilla, Justin Sullivan, all via Getty Images

President-elect Joe Biden is considering Roger Ferguson, former vice-chair of the Federal Reserve Board of Governors, for National Economic Council director, sources close to the matter toldBiden is considering regulatory veteran Gary Gensler, who worked for both the Obama and Clinton administrations, for Deputy Treasury Secretary, they said.

Kenneth Chenault, who spent nearly 40 years at American Express, is also being considered for a top economic policy position, they added. President-elect Joe Biden is considering Roger Ferguson, Gary Gensler, and Kenneth Chenault for some of the top economic policy roles in his administration,Ferguson, the outgoing CEO of The Teachers Insurance and Annuity Association, who has previously held government roles, could be Biden's National Economic Council director, the sources said.

Former Commodity Futures Trading Commission chairman Gensler could be appointed Deputy Treasury Secretary, they said. On Monday, Biden picked former Federal Reserve ChairFormer American Express CEO Chenault, who has sat on boards including at Facebook, Airbnb, and Berkshire Hathaway, could also be in the running for another economic policy position, the sources said.

 

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Nice one

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