Gary Gensler

Gary G. Gensler (born October 18, 1957) served as the 11th chairman of the Commodity Futures Trading Commission under President Barack Obama from May 26, 2009, to January 3, 2014. Gensler was the Under Secretary of the Treasury for Domestic Finance (1999-2001), and the Assistant Secretary of the Treasury for Financial Markets (1997-1999). Prior to his public service career, Gensler worked at Goldman Sachs, where his last position was that of Co-head of Finance. He was the chief financial officer for Hillary Clinton's presidential campaign. While serving as chairman of the CFTC, Gensler led the transformation of the $400 trillion over-the-counter derivatives, or swaps, market which failed, while reorganizing the watchdog efforts of the 700-person agency. Gensler led the effort to pass and implement comprehensive oversight of the swaps market, which was at the center of the 2008 financial crisis.