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Biden’s Notable Nominations

WBA has reported on Biden’s political appointees as they’ve been announced. From Secretary of the Treasury Janet Yellen to recently appointed Director of the CFPB Rohit Chopra, we’ve put together a list indicating which ones will be most notable for Wisconsin bankers.

Secretary of the Treasury – Janet Yellen

  • Economist, former Vice-chair (2010-2014) and Chair (2014-2018) of the Federal Reserve
  • Chair of the Council of Economic Advisors in the latter portion of President Clinton’s second term

Deputy Secretary of the Treasury – Adewale “Wally” Adeyemo

  • Economic and political advisor
  • Held roles at the Department of the Treasury, Consumer Financial Protection Bureau, National Economic Council, and was the first president of the Obama Foundation

Secretary of Commerce – Gina Raimondo

  • Elected Governor of Rhode Island in 2014, re-elected in 2018
  • Former General Treasurer of Rhode Island and former Chair of Democratic Governor’s Association

Deputy Secretary of Commerce – Don Graves

  • Banker and government official advising the Department of the Treasury in the late-1990’s.
  • Served in the Obama administration and counseled then-Vice President Joe Biden

Administrator – Small Business Administration – Isabel Guzman

  • Currently serves as director of the Office of the Small Business Advocate within the Governor’s Office of Economic Development in California
  • Former deputy chief of staff to the SBA Administrator under the Obama administration

Chair, Securities and Exchange Commission – Gary Gensler

  • Former government official and investment banker.
  • Held leadership roles at the Department of the Treasury in the ’90s and ’00s, and chaired the Commodity Futures Trading Commission under President Obama

Director, Consumer Financial Protection Bureau – Rohit Chopra

  • Current Commissioner on the Federal Trade Commission
  • Former assistant director at the CFPB, and Student Loan Ombudsman at the Department of the Treasury.

By, Alex Paniagua